New - 5 days on Rocket
$1,780 Closing Credit¹
#9975353, Lisa Kimberlin, Listing Office: Eagle Realty and Property Mgt, Inc.
Jefferson Housing Market Report December 2024•Washington County, Virginia
Housing Prices in Jefferson, VA
How much do homes in Jefferson, VA cost?
Housing Market Conditions
Is Jefferson, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Jefferson is a Seller's Market
Difference Since December 2023
Since last year, Jefferson has remained a Seller's Market.
Insight
Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$274,000$157/SqFt
+$17,500
+6.8%
Based on all homes sold in the last 12 months
Insight
Homes in Jefferson have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Jefferson was $274,000 in December 2024, up 6.8% from last year, and the median price per square foot was $157.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $201.2K | $364.9K | +81.3% |
| 33 Bedrooms | $259K | $263K | +1.5% |
| 44 Bedrooms | $374.5K | $285K | -23.9% |
| 55+ Bedrooms | - | $363.5K | N/A |
Summary: Jefferson 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 +81.3%. The home price for 3 bedroom homes increased by +1.5%. The home price for 4 bedroom homes decreased by -23.9%. The home price for 5 bedroom homes did not change.
Housing supply in Jefferson, VA
How many homes are available in Jefferson, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthDec 2024 | ||
| 152 months agoNov 2024 | -20.0 % Change MoMNov – Dec |
Summary: The Jefferson real estate market had 12 homes for sale in Dec 2024, a 20.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthDec 2024 | ||
| 32 months agoNov 2024 | +33.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 8 | 5 | -37.5% |
| 44 Bedrooms | 3 | 4 | +33.3% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Jefferson 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 decreased by -33.3%. The inventory for 3 bedroom homes decreased by -37.5%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Jefferson, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Jefferson, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Jefferson in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Jefferson, VA
How long does it take to sell a home in Jefferson, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Jefferson has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Jefferson; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 108 DaysThis YearDec 2024 | ||
| 53 Days1 year agoDec 2023 | +103.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Jefferson had an average listing age of 108 days in Dec 2024, up by 103.9% compared to the previous year.
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Newest Listings in Jefferson, VA
What homes are available in Jefferson, VA?
New - 6 days on Rocket
$4,976 Closing Credit¹
#98210, Matt Smith, Listing Office: Matt Smith Realty
#9974664, Donna Addington, Listing Office: The Addington Agency Bristol
#9974621, Donna Addington, Listing Office: The Addington Agency Bristol
$3,384 Closing Credit¹
#9973669, Alicia Patrick, Listing Office: KW Bristol
$2,969 Closing Credit¹
#9973550, Jeffrey McReynolds, Listing Office: Weichert Realtors Saxon Clark KPT
$2,968 Closing Credit¹
#9973364, Sandra Snaden, Listing Office: Matt Smith Realty
$588 Closing Credit¹
#9972681, Taylor Bettis, Listing Office: Highlands Realty, Inc. Abingdon
#9971535, Alana Hash, Listing Office: Town & Country Realty - Downtown
#9970175, Michael Pruitt, Dustin Hughes, Listing Office: Holston Realty, Inc.
#9969992, Alex Branch, Listing Office: The Addington Agency Bristol
#9969829, Rebecca Arnold, Listing Office: Prestige Homes of the Tri Cities, Inc.
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, and Southwest Virginia Association of REALTORS® MLS for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 1/29/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 1/29/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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 herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2025 Southwest Virginia Association of REALTORS. 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: 1/30/2025, 2:15:58 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: 1/30/2025, 2:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.