$10,000 Closing Credit*
$1,199,999
3,528 SqFt
4 Beds
•4 Full Baths, 1 Partial
Richard M Boswell III, Listing Office: Gain Realty
Is Jefferson County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, WV
How much do homes in Jefferson County, WV cost?
Median Sold Price
$399,936
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,767(+9.5%)
Key Takeaway
Homes in Jefferson County have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Jefferson County was $399,936 in October 2024, up 9.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $180K | +5.9% |
| 2 Bedrooms | $237K | $260K | +9.7% |
| 3 Bedrooms | $320.1K | $349.9K | +9.3% |
| 4 Bedrooms | $445K | $479.9K | +7.9% |
| 5+ Bedrooms | $525K | $520K | -1.0% |
Summary: Jefferson County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Counties
| Jefferson County | $365.1K | $399.9K | +9.5% |
| Loudoun County | $679.9K | $727.6K | +7.0% |
| Berkeley County | $285.1K | $304.5K | +6.8% |
| Washington County | $300.7K | $310K | +3.1% |
Housing Supply in Jefferson County, WV
How many homes are available in Jefferson County, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 293 | 324 | +10.6% |
Summary: The Jefferson County real estate market had 324 homes for sale in October 2024, a 10.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 32 | 36 | +12.5% |
| 3 Bedrooms | 128 | 148 | +15.6% |
| 4 Bedrooms | 106 | 112 | +5.7% |
| 5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The Jefferson County 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 12.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 81 | +20.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson County, expect to pay close to the asking price. 46.9% of homes here sold near the asking price last month.
Summary: A total of 81 homes were sold or pending in Jefferson County in October 2024, up by 20.9% month-over-month. Of the 81 sold homes, 23% were sold under asking, 47% were sold at asking, and 30% were sold over asking.
Days on Market for Jefferson County, WV
How long does it take to sell a home in Jefferson County, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 40 Days | +92.5% |
Summary: Homes in Jefferson County had an average of 40 days on market in Oct 2024, up by 92.5% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 81 homes were sold in Jefferson County; 63% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
