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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Jefferson, OH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jefferson, OH Housing Market Trends

With 3,197 people, 1,559 houses or apartments, and a median cost of homes of $234,755, 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 72.44% of the village's housing units. Other types of housing that are prevalent in Jefferson include large apartment complexes or high rise apartments ( 14.88%), duplexes, homes converted to apartments or other small apartment buildings ( 7.36%), and a few mobile homes or trailers ( 4.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jefferson. Owner-occupied housing accounts for 66.07% of Jefferson's homes, and 62.25% have either three or four bedrooms, which is average sized relative to America.

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 ( 24.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.94%). There's also some housing in Jefferson built between 2000 and later ( 11.26%).

Vacant housing appears to be an issue in Jefferson. Fully 11.77% of the housing stock is classified as vacant. Left unchecked, vacant Jefferson homes and apartments can be a drag on the real estate market, holding Jefferson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Jefferson Home Appreciation Rates

Real estate appreciation rates in Jefferson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.49% during the period.

NeighborhoodScout's data show that during the latest twelve months, Jefferson's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, Jefferson's appreciation rate has been 0.97%, which annualizes to a rate of 3.94%.

Relative to Ohio, our data show that Jefferson's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$234,755

Jefferson, OH Home Prices
> $1,297,000
$973,001 - $1,297,000
$648,001 - $973,000
$519,001 - $648,000
$389,001 - $519,000
$260,001 - $389,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
0.0%
0.0%
4.9%
4.9%
0.0%
0.0%
3.9%
3.9%
6.2%
6.2%
23.6%
23.6%
44.6%
44.6%
11.7%
11.7%
5.1%
5.1%
0% 100.0%
% of Homes
Average

for Ohio

Average

for nation

Number of Homes And Apartments:

1,559

Jefferson Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,381 / per month

Homeownership Rate

Owners
Renters
66.1%
66.1%
33.9%
33.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.8%
11.8%
88.2%
88.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.3%
11.3%
46.5%
46.5%
17.9%
17.9%
24.3%
24.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
72.4%
72.4%
0.6%
0.6%
7.4%
7.4%
14.9%
14.9%
4.7%
4.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
3.4%
3.4%
28.9%
28.9%
41.6%
41.6%
20.7%
20.7%
5.5%
5.5%
0% 100.0%
% of Homes