Is Jefferson Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jefferson Township has remained a Seller's Market.
Housing Prices in Jefferson Township, OH
How much do homes in Jefferson Township, OH cost?
Median Sold Price
$220,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson Township was $220,000 in May 2024, up 4.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $163.5K | $150K | -8.3% |
3 Bedrooms | $206K | $223K | +8.3% |
4 Bedrooms | $240K | $243K | +1.3% |
5+ Bedrooms | $407.5K | $232K | -43.1% |
Summary: Jefferson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 43.1%.
Median Sold Price Compared To Nearby Cities
Prairie Township | $225K | $251K | +11.6% |
Brown Township | $580K | $627.5K | +8.2% |
Jefferson Township | $209.9K | $220K | +4.8% |
Housing Supply in Jefferson Township, OH
How many homes are available in Jefferson Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 43 | +13.2% |
Summary: The Jefferson Township real estate market had 43 homes for sale in May 2024, a 13.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Jefferson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Jefferson Township in May 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Jefferson Township, OH
How long does it take to sell a home in Jefferson Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 24 Days | -61.1% |
Summary: Homes in Jefferson Township had an average of 24 days on market in May 2024, down by 61.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Jefferson Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.