Jefferson, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Jefferson, OH Real Estate Data


Jefferson Housing Market Information

With a population of 3,041, 1,320 total housing units (homes and apartments), and a median house value of $132,126, house prices in Jefferson are solidly below the national average.

Single-family detached homes are the single most common housing type in Jefferson, accounting for 66.45% of the village's housing units. Other types of housing that are prevalent in Jefferson include large apartment complexes or high rise apartments ( 13.89%), mobile homes or trailers ( 8.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.76%).

The most prevalent building size and type in Jefferson are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 63.64% owning and 36.36% renting.

There is a lot of housing in Jefferson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jefferson built before 1939 ( 22.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.44%). There's also some housing in Jefferson built between 2000 and later ( 1.99%).

Jefferson Home Appreciation Rates

Jefferson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jefferson during the period has been just -1.39%, which is lower than 80% of US communities.

Over the last year, Jefferson appreciation rates have trailed the rest of the nation. In the last twelve months, Jefferson's appreciation rate has been 4.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jefferson were at 1.15%, which equates to an annual appreciation rate of 4.69%.

Relative to Ohio, our data show that Jefferson's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$132,126

Jefferson, OH HOME PRICES

Value Range
> $1,036,000 0.5
$777,001 - $1,036,000 0.0
$518,001 - $777,000 0.0
$415,001 - $518,000 0.5
$311,001 - $415,000 0.8
$207,001 - $311,000 15.0
$104,001 - $207,000 51.0
$52,001 - $104,000 24.5
$0 - $52,000 7.7

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
59.6416232359314 54.3307086614173

Number Of Homes And Apartments:
1,320

Rent & Ownership

 

Average Market Rent:
$740 / per month

Homeownership Rate

Homeownership
Owners 63.64
Renters 36.36
Vacant 5.98

Housing Market Details

 

Age of Homes

AGE OF Jefferson HOMES
2000 or Newer 2.0
1970 - 1999 53.1
1940 - 1969 22.4
1939 or Older 22.5

Types of Homes

TYPE OF Jefferson HOMES
Single-Family 66.5
Townhomes 3.3
Small Apt. Buildings 7.8
Apt. Complexes 13.9
Mobile Homes 8.6
Other 0.0

Home Size

SIZE OF Jefferson HOMES
No Bedroom 0.00
1 Bedroom 10.97
2 Bedrooms 34.62
3 Bedrooms 43.38
4 Bedrooms 10.33
5 or more bedrooms 0.71

Jefferson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
-0.14% -0.01% 2 1
* 10 is highest

Popular Neighborhoods in Jefferson

Zip Codes in Jefferson, OH