Jefferson Home Prices & Values

$98,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -3.8% 1-year change
  • No data 1-year forecast

The median home value in Jefferson is $98,700. Jefferson home values have declined -3.8% over the past year. The median list price per square foot in Jefferson is $85, which is higher than the Ashtabula Metro average of $71. The median price of homes currently listed in Jefferson is $129,900 while the median price of homes that sold is $127,500.

Foreclosures will be a factor impacting home values in the next several years. In Jefferson 7.7 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

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 6.4%, which is lower than the national value of 6.9%. 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 19.2%.

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Relative ZHVI
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Jefferson Market Overview

Data through Jul 31, 2014
  • $98,700 ZHVI
  • No data 1-yr forecast
  • $129,900 Median listing price
  • No recent data Median sale price
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Jefferson Market Health

Data through Jul 31, 2014
  • 0.7/10 Less healthy What's This?  
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    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
  • 19.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

7.7 homes(Jun 30, 2014) Jefferson
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Roaming Shores $164,500 Austinburg $122,900 Rock Creek $111,000
North Kingsville $99,300 Orwell $97,200 Kingsville $92,100
Andover $75,000 Edgewood $63,100 Ashtabula $52,600

Listings & Sales

Data through Jul 31, 2014
  • $85 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 39.4% Listings with price cut
40.2%
Sold below listing
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Jefferson Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,030 Jefferson
$916 Ashtabula Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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