The Jefferson Place housing market is very competitive. The median sale price of a home in Jefferson Place was $404K last month, down 9.33% since last year. The median sale price per square foot in Jefferson Place is $211, down 2.8% since last year.
What is the housing market like in Jefferson Place today?
In October 2024, Jefferson Place home prices were down 9.33% compared to last year, selling for a median price of $404K. On average, homes in Jefferson Place sell after 27 days on the market compared to 11 days last year. There were 8 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$403,500
-9.33% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Jefferson Place, MD
$403,500
-9.33%
United States
To compare other locations to the Jefferson Place and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Ballenger Creek add value to a home.
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How hot is the Jefferson Place housing market?
Jefferson Place is very competitive. Homes sell in 25.5 days.
0
100
85
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 26 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Jefferson Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Jefferson Place.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Jefferson Place has a minor risk of flooding. 2 properties in Jefferson Place are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Jefferson Place. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Jefferson Place has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Jefferson Place is most at risk from hurricanes. 498 properties in Jefferson Place have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 56 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Jefferson Place has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Jefferson Place have a Major Heat Factor®.
Jefferson Place is expected to see a 114% increase in the number of days over 105ºF over the next 30 years. Jefferson Place is expected to experience 6