$5,225 Closing Credit*
$439,999
1,500 SqFt
3 Beds
•2 Full Baths
Brian Wachtel, Listing Office: Path 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 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, WV
How much do homes in Jefferson County, WV cost?
Median Sold Price
$411,047
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,768(+12.8%)
Key Takeaway
Homes in Jefferson County have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Jefferson County was $411,047 in November 2024, up 12.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $200K | +31.1% |
| 2 Bedrooms | $240K | $260K | +8.3% |
| 3 Bedrooms | $320K | $359.4K | +12.3% |
| 4 Bedrooms | $445K | $480.1K | +7.9% |
| 5+ Bedrooms | $507.5K | $539.9K | +6.4% |
Summary: Jefferson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Counties
| Jefferson County | $364.2K | $411K | +12.8% |
| Loudoun County | $685.7K | $726.2K | +5.9% |
| Berkeley County | $288K | $304.4K | +5.7% |
| Washington County | $304.6K | $310.6K | +2.0% |
Housing Supply in Jefferson County, WV
How many homes are available in Jefferson County, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 317 | 302 | -4.7% |
Summary: The Jefferson County real estate market had 302 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 37 | 34 | -8.1% |
| 3 Bedrooms | 139 | 130 | -6.5% |
| 4 Bedrooms | 110 | 104 | -5.5% |
| 5+ Bedrooms | 29 | 32 | +10.3% |
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 8.1%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 83 | -4.6% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson County, expect to pay close to the asking price. 36.1% of homes here sold near the asking price last month.
Summary: A total of 83 homes were sold or pending in Jefferson County in November 2024, down by 4.6% month-over-month. Of the 83 sold homes, 31% were sold under asking, 36% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 37 Days | +52.9% |
Summary: Homes in Jefferson County had an average of 37 days on market in Nov 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 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 November 2024, 83 homes were sold in Jefferson County; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
