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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jefferson was a Buyer's Market.

Key Takeaway

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

Housing Prices in Jefferson, WI

How much do homes in Jefferson, WI cost?

Median Sold Price

$328,900

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,400(+12.4%)

Key Takeaway

Homes in Jefferson have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Jefferson was $328,900 in October 2024, up 12.4% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$220K
N/A
2 $230K$270K
+17.4%
3 $289.6K$330K
+13.9%
4 $362K$340.9K
-5.8%
5+ $415K$540K
+30.1%

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 increased by 17.4%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 30.1%.

Housing Supply in Jefferson, WI

How many homes are available in Jefferson, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3235+9.4%

Summary: The Jefferson real estate market had 35 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1316
+23.1%
4 1011
+10.0%
5+ 42
-50.0%

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 20%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Jefferson in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.

Days on Market for Jefferson, 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 17 Days Ago

Newest Listings in Jefferson, WI

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