There are currently 502 real estate properties in Jefferson, SD, with a median automated valuation model (AVM) price of $245,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jefferson, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jefferson, SD, is $302,685.00, with the most expensive house in Jefferson, SD, topping out at $1,650,000.00 and the cheapest home in Jefferson, SD, clocking in at $82,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Jefferson, SD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jefferson, SD, is on a rollercoaster ride. The average rent price in Jefferson, SD, is $1,567.00. Indeed, when looking to rent in Jefferson, SD, you can expect to pay as little as $910.00 or as much as $2,680.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Jefferson, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Jefferson, SD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Jefferson, SD and much more. Save thousands at closing with home foreclosure listings in Jefferson, SD — up to 75% off market value!
Jefferson is located in Union, South Dakota, with an estimated municipal population of 511 residents. All of the best foreclosed homes for sale in Jefferson are located in the following zip code areas on Foreclosure.com: 57038. The estimated population per square kilometer (.62 miles) in Jefferson is 386.
So, about how much do homes cost in Jefferson? The most recent median value of resident-owned homes in Jefferson is 118,015. An estimated 82.1 percent of households in Jefferson own their homes, with an average family size of 2.92. The median household income in Jefferson is 56,875, with14.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Jefferson, the median commute time of resident workers (in minutes) is 19.2. And last, but certainly not least, are you looking for homes to rent in Jefferson? If so, the average rent price paid by renters in Jefferson is 405, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Jefferson, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Jefferson is 38.1, split between 49.9 percent male versus 50.1 female. The percentage of residents who report being married in Jefferson is 54.5, with an average family size of 2.92.
The percentage of residents who report their race in Jefferson is as follows:
|Black / African American||0.8%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Jefferson? Or maybe you are searching for 55+ active adult communities in and/or near Jefferson?
The percentage of residents who report their age in Jefferson is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Jefferson with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Jefferson.
How do you know that living in -- or moving to -- Jefferson is right where you need to be? Perhaps you grew up in Jefferson or already live nearby; therefore, the decision to buy a home in Jefferson is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Jefferson for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Jefferson:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Jefferson.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Jefferson can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Jefferson, meanwhile, can field multiple offers from more qualified buyers.
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