Home Values

Jefferson Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$119,800

  • -7.6% 1-year change
  • 0.5% 1-year forecast

The median home value in Jefferson is $119,800. Jefferson home values have declined -7.6% over the past year and Zillow predicts they will rise 0.5% within the next year. The median price of homes currently listed in Jefferson is $159,000.

Foreclosures will be a factor impacting home values in the next several years. In Jefferson 31.4 homes are foreclosed (per 10,000). This is greater than the Albany Metro value of 3.3 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Jefferson is 10.5%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Jefferson homeowners underwater on their mortgage is 13.0%, which is lower than Albany Metro at 13.7%.

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Relative ZHVI
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Jefferson Market Overview

Data through Nov 30, 2014
  • $119,800 ZHVI
  • 0.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $159,000 Median listing price
  • No data Median sale price
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Jefferson Market Health

Data through Nov 30, 2014
  • 1.8/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 13.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

31.4 homes(Aug 31, 2009) Jefferson
3.3 homes Albany Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Maryland $101,900
 
 

Listings & Sales

Data through Nov 30, 2014
  • $127 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Jefferson Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,515 Jefferson
    $1,543 Albany Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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