Is Jeffersonville, OH 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, Jeffersonville was a Neutral Market.
Key Takeaway
Jeffersonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jeffersonville, OH
How much do homes in Jeffersonville, OH cost?
Median Sold Price
$196,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jeffersonville have sold for 34.1% more than they did a year ago.
Summary: The median home sold price in Jeffersonville was $196,500 in May 2024, up 34.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $90.1K | -18.1% |
| 3 Bedrooms | $149.9K | $197.7K | +31.9% |
| 4 Bedrooms | $150K | $292.2K | +94.8% |
| 5+ Bedrooms | - | $480K | N/A |
Summary: Jeffersonville 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 18.1%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 94.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jeffersonville | $146.5K | $196.5K | +34.1% |
| Jefferson Township | $173.3K | $195K | +12.5% |
Housing Supply in Jeffersonville, OH
How many homes are available in Jeffersonville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Jeffersonville real estate market had 12 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jeffersonville 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jeffersonville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Jeffersonville in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Jeffersonville, OH
How long does it take to sell a home in Jeffersonville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 51 Days | +9.2% |
Summary: Homes in Jeffersonville had an average of 51 days on market in May 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jeffersonville has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Jeffersonville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.