Is West Jefferson, OH 43162 a buyer’s or seller’s market?
West Jefferson is a seller’s market. With about 3 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 65% of U.S. ZIP codes, and #222 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The West Jefferson housing market right now
In the three months ending August 31, 2026, 44% of homes in West Jefferson, OH 43162 sold above their list price, the typical home went under contract in 44 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 42%, homes sold more slowly (34 days then) and the median sale price fell 15% to $247,393. Overall, West Jefferson is about as competitive as it was a year ago.
Within Madison County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, West Jefferson ranks #222 of 489 OH ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at South Solon 43153 (0% sold over asking) or Plain City 43064 (14% sold over asking).
Run the numbers for 43162
Nearby markets
Irwin 43029 — /sq ftLondon 43140Seller’s market $185 /sq ftMount Sterling 43143Seller’s market $179 /sq ftPlain City 43064Seller’s market $230 /sq ft Browse all markets →Towns like West Jefferson nearby
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Questions about West Jefferson real estate
Is West Jefferson a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in West Jefferson, OH 43162 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in West Jefferson?
The typical home went under contract in 44 days in the latest three months.
Do homes in West Jefferson sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in West Jefferson?
About 1.02% of a home’s value a year in Madison County, or roughly $4,080 on a $400,000 home.
What is the median home price in West Jefferson?
The median sale price was $247,393 in the three months ending August 31, 2026, about $175 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology