Home prices
The cost of the median home in Jefferson is $118,000. It is roughly $40,900 (25%) lower in comparison to nearby areas.Compared to the nation as a whole it is roughly $99,500 (45%) lower, and is roughly $71,800 (37%) lower compared to the city of Sioux Falls.
Rents
In Jefferson the median monthly rent is $405. Compared to nearby areas it is roughly $367 (47%) lower.It is roughly $657 (61%) lower compared to the rest of the country, and it is about $422 (51%) lower compared to the city of Sioux Falls.
Nearby places
North Sioux City
North Sioux City is roughly 5 miles southeast of Jefferson. The real estate prices there are somewhat more expensive. The median home in North Sioux City is valued at $148,100, which is $30,100 (20%) higher than Jefferson. The rent there is significantly more expensive. North Sioux City's median monthly rent is $880, which is $475 (53%) higher than Jefferson.
Ponca
Ponca is approximately 6 miles west of Jefferson. Housing prices there are a little less expensive. The median home in Ponca costs $90,300, which is $27,700 (30%) lower than Jefferson. Its rents are somewhat more expensive. The median monthly rent in Ponca is $575, which works out to $170 (29%) higher than Jefferson.
Elk Point
Elk Point is roughly 7 miles northwest of Jefferson. Housing prices there are somewhat more expensive. The median home value in Elk Point is $151,300, which comes out to $33,300 (22%) higher than Jefferson. Rent there is substantially more expensive. Elk Point's median monthly rent is $822, which works out to $417 (50%) higher than Jefferson.
Dakota Dunes
Dakota Dunes is approximately 8 miles southeast from Jefferson. Housing prices there are significantly more expensive. The cost of the median home in Dakota Dunes is $326,500, which comes out to $208,500 (63%) higher than Jefferson. Rents there are significantly more expensive. In Dakota Dunes the median monthly rent is $1,049, which comes out to $644 (61%) higher than Jefferson.
Westfield
Westfield is about 10 miles north of Jefferson. Its housing prices are substantially less expensive. Westfield's median home price is $78,300, which is $39,700 (50%) lower than Jefferson. The rent there is somewhat more expensive. Westfield's median rent is $536 per month, which is $131 (24%) higher than Jefferson.