Is Jefferson, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jefferson was a Buyer's Market.
Housing Prices in Jefferson, NE
How much do homes in Jefferson, NE cost?
Median Sold Price
$422,747
$196/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Jefferson was $422,747 in May 2024, up 8% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $332.1K | N/A |
3 Bedrooms | $391.5K | $363.5K | -7.1% |
4 Bedrooms | - | $430K | N/A |
5+ Bedrooms | - | $646.2K | N/A |
Summary: Jefferson housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Elkhorn | $379.7K | $630.5K | +66.0% |
Jefferson | $391.5K | $422.7K | +8.0% |
Union | $314.4K | $301.1K | -4.2% |
Housing Supply in Jefferson, NE
How many homes are available in Jefferson, NE?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 100 | +96.1% |
Summary: The Jefferson real estate market had 100 homes for sale in May 2024, a 96.1% 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 | 4 | 7 | +75.0% |
3 Bedrooms | 20 | 30 | +50.0% |
4 Bedrooms | 22 | 41 | +86.4% |
5+ Bedrooms | 5 | 22 | +340.0% |
Summary: The Jefferson 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 increased by 75%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 86.4%, and 5+ bedroom homes increased by 340%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 17 | +750.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Jefferson in May 2024, up by 750.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% were sold over asking.
Days on Market for Jefferson, NE
How long does it take to sell a home in Jefferson, NE?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 Days | 26 Days | -71.1% |
Summary: Homes in Jefferson had an average of 26 days on market in May 2024, down by 71.1% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Jefferson; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.