Is Jefferson County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, WV
How much do homes in Jefferson County, WV cost?
Median Sold Price
$370,000
$176/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 $370,000 in April 2024, up 4.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $125K | -24.2% |
2 Bedrooms | $219K | $262.5K | +19.9% |
3 Bedrooms | $309.5K | $325K | +5.0% |
4 Bedrooms | $445.4K | $457K | +2.6% |
5+ Bedrooms | $490.5K | $541K | +10.3% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.2%, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Counties
Washington County | $279.9K | $310K | +10.7% |
Berkeley County | $277.4K | $292.2K | +5.3% |
Loudoun County | $665.7K | $697.7K | +4.8% |
Jefferson County | $355K | $370K | +4.2% |
Housing Supply in Jefferson County, WV
How many homes are available in Jefferson County, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
245 | 276 | +12.7% |
Summary: The Jefferson County real estate market had 276 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 20 | 20 | 0.0% |
3 Bedrooms | 105 | 122 | +16.2% |
4 Bedrooms | 101 | 112 | +10.9% |
5+ Bedrooms | 17 | 19 | +11.8% |
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 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 64 | +3.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Jefferson County in April 2024, up by 3.2% month-over-month. Of the 64 sold homes, 33% were sold under asking, 19% were sold at asking, and 48% were sold over asking.
Days on Market for Jefferson County, WV
How long does it take to sell a home in Jefferson County, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 34 Days | -34.5% |
Summary: Homes in Jefferson County had an average of 34 days on market in Apr 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 64 homes were sold in Jefferson County; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.