Is Jefferson, OH 44047 a buyer’s or seller’s market?
Jefferson is a seller’s market. With about 2.9 months of supply and 45% 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 63% of U.S. ZIP codes, and #242 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 Jefferson housing market right now
In the three months ending August 31, 2026, 45% of homes in Jefferson, OH 44047 sold above their list price, the typical home went under contract in 18 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold faster (43 days then) and the median sale price rose 60% to $314,364. Overall, Jefferson is more competitive than a year ago, so tougher for buyers.
Within Ashtabula County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Jefferson ranks #242 of 489 OH ZIP codes with enough sales (score 61 out of 100).
Nearby, buyers who want less competition could look at Windsor 44099 (0% sold over asking) or Williamsfield 44093 (0% sold over asking), while Orwell 44076 (67% sold over asking) and Rome 44085 (60% sold over asking) are even more competitive.
Run the numbers for 44047
Nearby markets
Andover 44003Seller’s market $143 /sq ftAshtabula 44004Seller’s market $150 /sq ftAustinburg 44010Seller’s market $173 /sq ftConneaut 44030Seller’s market $139 /sq ft Browse all markets →Towns like Jefferson nearby
Find towns like Jefferson in other states →Where Jefferson is
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Questions about Jefferson real estate
Is Jefferson a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Jefferson, OH 44047 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 Jefferson?
The typical home went under contract in 18 days in the latest three months.
Do homes in Jefferson sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Jefferson?
About 1.21% of a home’s value a year in Ashtabula County, or roughly $4,840 on a $400,000 home.
What is the median home price in Jefferson?
The median sale price was $314,364 in the three months ending August 31, 2026, about $160 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