New - 4 days on Rocket
$1,532 Closing Credit¹
#1686405, Brittany Herrington-Tubbs, Listing Office: Berkshire Hathaway The Preferred Realty
Jefferson Township Housing Market Report December 2024•Lackawanna County, Pennsylvania
Housing Prices in Jefferson Township, PA
How much do homes in Jefferson Township, PA cost?
Housing Market Conditions
Is Jefferson Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Jefferson Township is a Buyer's Market
Difference Since December 2023
At the same time last year, Jefferson Township was a Seller's Market.
Insight
Jefferson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$347,250$161/SqFt
+$92,250
+36.2%
Based on all homes sold in the last 12 months
Insight
Homes in Jefferson Township have sold for 36.2% more than they did a year ago.
Summary: The median home sold price in Jefferson Township was $347,250 in December 2024, up 36.2% from last year, and the median price per square foot was $161.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Jefferson Township | $255K | $347.2K | +36.2% |
| Olyphant | $200K | $231.5K | +15.8% |
| Archbald | $230K | $207.5K | -9.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $116.2K | $222.5K | +91.4% |
| 33 Bedrooms | $267.5K | $310K | +15.9% |
| 44 Bedrooms | $340K | $420K | +23.5% |
| 55+ Bedrooms | - | $391K | N/A |
Summary: Jefferson Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +91.4%. The home price for 3 bedroom homes increased by +15.9%. The home price for 4 bedroom homes increased by +23.5%. The home price for 5 bedroom homes did not change.
Housing supply in Jefferson Township, PA
How many homes are available in Jefferson Township, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthDec 2024 | ||
| 92 months agoNov 2024 | -11.1 % Change MoMNov – Dec |
Summary: The Jefferson Township real estate market had 8 homes for sale in Dec 2024, a 11.1 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthDec 2024 | ||
| 32 months agoNov 2024 | -66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 2 | 1 | -50.0% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Jefferson Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Jefferson Township, PA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Jefferson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Jefferson Township in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Jefferson Township, PA
How long does it take to sell a home in Jefferson Township, PA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Jefferson Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in Jefferson Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 149 DaysThis YearDec 2024 | ||
| 61 Days1 year agoDec 2023 | +142.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Jefferson Township had an average listing age of 149 days in Dec 2024, up by 142.9% compared to the previous year.
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Newest Listings in Jefferson Township, PA
What homes are available in Jefferson Township, PA?
New - 7 days on Rocket
$1,008 Closing Credit¹
#SC250325, Listing Office: Hibble Harris Real Estate, Inc
$4,203 Closing Credit¹
#SC250221, Listing Office: Dwell Real Estate - Dunmore Branch Office
$6,401 Closing Credit¹
#SC250162, Listing Office: Re/Max Wayne
$3,444 Closing Credit¹
#PW243868, Meghan Gapp, Listing Office: RE/MAX Best
#PW242737, Jessica Morigl, Listing Office: RE/MAX Best
$10,000 Closing Credit¹
#PW243386, Sheye-Anne OMalley, Listing Office: EXP Realty
$3,741 Closing Credit¹
#PW243366, Bill ONeill, Listing Office: RE/MAX WAYNE
$2,909 Closing Credit¹
#PW243703, Heather L Meagher, Listing Office: RE/MAX Best
#PW230904, Tim Meagher, Tim Meagher, Listing Office: RE/MAX WAYNE
$831 Closing Credit¹
#PW243379, Jack Gomez, Michelle Manassero, Listing Office: CENTURY 21 Select Group - Hamlin
#PW242885, Lorraine Collins, Associate Broker, Listing Office: Davis R. Chant - Hawley - 1
Nearby markets
Nearby markets aren't available for Jefferson Township, PA
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Based on information from Greater Scranton MLS, Pike/Wayne Association of Realtors MLS, and West Penn Multi-List Inc. for the period 01/01/2023 - 01/01/2025
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. 
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Pike Wayne Association of REALTORS MLS. Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.