Is Jefferson Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jefferson Township was a Buyer's Market.
Housing Prices in Jefferson Township, PA
How much do homes in Jefferson Township, PA cost?
Median Sold Price
$275,000
$159/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 $275,000 in May 2024, up 9.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $98.2K | $150K | +52.7% |
3 Bedrooms | $239.5K | $267.1K | +11.6% |
4 Bedrooms | $383.5K | $470K | +22.6% |
5+ Bedrooms | $360K | $385K | +6.9% |
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 increased by 52.7%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Winfield Township | $276K | $345K | +25.0% |
Saxonburg | $279.9K | $326.2K | +16.6% |
Jefferson Township | $250.5K | $275K | +9.8% |
Clinton Township | $390K | $390K | 0.0% |
Cabot | $308K | $287.5K | -6.7% |
Housing Supply in Jefferson Township, PA
How many homes are available in Jefferson Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Summary: The Jefferson Township real estate market had 10 homes for sale in May 2024, a 23.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
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 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Jefferson Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Jefferson Township, PA
How long does it take to sell a home in Jefferson Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 63 Days | +1173.3% |
Summary: Homes in Jefferson Township had an average of 63 days on market in May 2024, up by 1173.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Jefferson Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.