Is Jefferson County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jefferson County has remained a Seller's Market.

Key Takeaway

Jefferson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Jefferson County, AL cost?

Median Sold Price

$260,000

$141/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$4,350(-1.6%)

Key Takeaway

Homes in Jefferson County have sold for 1.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 $147.5K$118K
-20.0%
2 $128.9K$133.7K
+3.7%
3 $245K$243.2K
-0.7%
4 $379.6K$385K
+1.4%
5+ $450K$582K
+29.3%

Median Sold Price Compared To Nearby Counties

Jefferson County
-1.6%
Blount County
-1.6%
Shelby County
-13.7%

How many homes are available in Jefferson County, AL?

Number of Homes For Sale

Oct 2022Nov 2022%
2,6002,6070.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 3835
-7.9%
2 301298
-1.0%
3 1,4391,466
+1.9%
4 647627
-3.1%
5+ 175181
+3.4%

Number of Homes Sold

Oct 2022Nov 2022%
658496-24.6%

Asking Price vs. Sold Price

212 Homes Were Sold
Under Asking

131 Homes Were Sold
At Asking

153 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you may be able to get a good deal. 42.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
25 Days27 Days+8.2%

Breakdown of Home Sale Times

349 Homes Were Sold
Under 30 Days

100 Homes Were Sold
In 30 - 90 Days

47 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Jefferson County, AL

Jefferson County, AL has 2,607 homes on the market. The number of homes for sale in Jefferson County, AL increased by 0.3% between October 2022 and November 2022. Listings spent 27 days on the market in November 2022, and had a median list price of $260,000 during the same period. Listing prices have changed in this real estate market between November 2021 and November 2022: the cost of 1 bedroom properties went down by 20%, 2 bedrooms properties prices increased by 3.7%, the cost of 3 bedrooms properties went down by 0.7%, the cost of 4 bedrooms properties went up by 1.4%, 5 bedrooms properties prices increased by 29.3%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 7.9%, the quantity of 2 bedrooms homes went down by 1%, volume of 3 bedrooms homes went up by 1.9%, volume of 4 bedrooms homes went down by 3.1%, the quantity of 5 bedrooms homes went up by 3.4%. Jefferson County, AL housing market in November 2022 saw over 153 listings sold above listed price, more than 131 sold at listed price and over 212 sold below.

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