$2,909 Closing Credit*
$245,000
757 SqFt
2 Beds
•1 Full Bath
Eric McNeely, Listing Office: Napier REALTORS ERA
Is Jefferson Davis, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Jefferson Davis has remained a Seller's Market.
Key Takeaway
Jefferson Davis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson Davis, VA
How much do homes in Jefferson Davis, VA cost?
Median Sold Price
$235,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$5,000(+2.2%)
Key Takeaway
Homes in Jefferson Davis have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Jefferson Davis was $235,000 in September 2024, up 2.2% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.5K | $193K | +18.8% |
| 3 Bedrooms | $243K | $245K | +0.8% |
| 4 Bedrooms | $317.9K | $269.9K | -15.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jefferson Davis housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes did not change.
Housing Supply in Jefferson Davis, VA
How many homes are available in Jefferson Davis, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Jefferson Davis real estate market had 16 homes for sale in September 2024, a 23.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jefferson Davis housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Davis, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Jefferson Davis in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Jefferson Davis, VA
How long does it take to sell a home in Jefferson Davis, VA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 42 Days | 13 Days | -68.8% |
Summary: Homes in Jefferson Davis had an average of 13 days on market in Sep 2024, down by 68.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson Davis are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Jefferson Davis; 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.
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