Is Jefferson County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jefferson County has remained a Seller's Market.

Key Takeaway

Jefferson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jefferson County, WI

How much do homes in Jefferson County, WI cost?

Median Sold Price

$325,400

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,571(+5.0%)

Key Takeaway

Homes in Jefferson County have sold for 5% more than they did a year ago.

Summary: The median home sold price in Jefferson County was $325,400 in November 2024, up 5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$188.5K
-14.3%
2 $222.4K$240K
+7.9%
3 $300.2K$325K
+8.3%
4 $366.2K$375K
+2.4%
5+ $430K$465K
+8.1%

Summary: Jefferson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Counties

Dodge County
+8.7%
Dane County
+7.6%
Walworth County
+6.4%
Waukesha County
+5.9%
Jefferson County
+5.0%

Housing Supply in Jefferson County, WI

How many homes are available in Jefferson County, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
264257-2.7%

Summary: The Jefferson County real estate market had 257 homes for sale in November 2024, a 2.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 3632
-11.1%
3 138135
-2.2%
4 7377
+5.5%
5+ 128
-33.3%

Summary: The Jefferson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6465+1.6%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Jefferson County in November 2024, up by 1.6% month-over-month. Of the 65 sold homes, 48% were sold under asking, 22% were sold at asking, and 31% were sold over asking.

Days on Market for Jefferson County, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Jefferson County, WI

Nearby Markets to Jefferson County, WI

What housing markets are near Jefferson County, WI?