Is Jefferson County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jefferson County was a Seller's Market.
Housing Prices in Jefferson County, NY
How much do homes in Jefferson County, NY cost?
Median Sold Price
$205,893
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson County was $205,893 in April 2024, up 3.1% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $123.7K | $142K | +14.7% |
2 Bedrooms | $145K | $160K | +10.3% |
3 Bedrooms | $196.1K | $205K | +4.5% |
4 Bedrooms | $225.7K | $234.2K | +3.8% |
5+ Bedrooms | $289.9K | $212K | -26.9% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Counties
Oswego County | $159.2K | $171.1K | +7.5% |
Jefferson County | $199.7K | $205.8K | +3.1% |
Lewis County | $169.7K | $166.5K | -1.9% |
Housing Supply in Jefferson County, NY
How many homes are available in Jefferson County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
449 | 475 | +5.8% |
Summary: The Jefferson County real estate market had 475 homes for sale in April 2024, a 5.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 55 | 50 | -9.1% |
3 Bedrooms | 181 | 180 | -0.6% |
4 Bedrooms | 132 | 149 | +12.9% |
5+ Bedrooms | 78 | 90 | +15.4% |
Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 56 | -32.5% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Jefferson County in April 2024, down by 32.5% month-over-month. Of the 56 sold homes, 54% were sold under asking, 16% were sold at asking, and 30% were sold over asking.
Days on Market for Jefferson County, NY
How long does it take to sell a home in Jefferson County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 38 Days | -14.1% |
Summary: Homes in Jefferson County had an average of 38 days on market in Apr 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 56 homes were sold in Jefferson County; 64% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.