Is Jefferson, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jefferson was a Neutral Market.

Key Takeaway

Jefferson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jefferson, TX

How much do homes in Jefferson, TX cost?

Median Sold Price

$312,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+8.5%)

Key Takeaway

Homes in Jefferson have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Jefferson was $312,500 in October 2024, up 8.5% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $255K$243.4K
-4.5%
3 $296.5K$250K
-15.7%
4 $310K$425K
+37.1%
5+ -$517.5K
N/A

Summary: Jefferson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes increased by 37.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Jefferson
+8.5%
Los Angeles Heights - Keystone
+2.8%
Beacon Hill
-1.6%
Laddie Place and North Wilson
-5.1%

Housing Supply in Jefferson, TX

How many homes are available in Jefferson, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1418+28.6%

Summary: The Jefferson real estate market had 18 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 911
+22.2%
4 34
+33.3%
5+ 00
0.0%

Summary: The Jefferson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Jefferson in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jefferson, TX

How long does it take to sell a home in Jefferson, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days20 Days-63.6%

Summary: Homes in Jefferson had an average of 20 days on market in Oct 2024, down by 63.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Jefferson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Jefferson, TX

Nearby Markets to Jefferson, TX