Jefferson Hills, PA
Housing market overview · Updated weekly
$220,000median sale price
Homes sold
7
Last 12 weeks
Days on market
60
Average pace
Active listings
38
5.4 months supply
Sale-to-list
98.0%
Below asking
Jefferson Hills, PA housing market analysis
The Jefferson Hills housing market is currently classified as a buyer's market with a median sale price of $220,000. Prices have decreased 15.4% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Jefferson Hills spend an average of 60 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 5.4 months of supply, Jefferson Hills is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 98.0%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 38 active listings in Jefferson Hills, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 9 in the most recent period, which suggests slower turnover with fewer new options entering the pipeline. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Jefferson Hills as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Jefferson Hills with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Jefferson Hills?
The median home sale price in Jefferson Hills is $220,000, down 15.4% from last year.
How long do homes stay on market in Jefferson Hills?
Homes typically spend 60 days on market before going under contract.
Is Jefferson Hills a buyer's or seller's market?
With 5.4 months of supply, Jefferson Hills is currently a buyer's market.
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