Is Jefferson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Jefferson was a Seller's Market.

Key Takeaway

Jefferson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jefferson, GA

How much do homes in Jefferson, GA cost?

Median Sold Price

$416,250

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$11,303(+2.8%)

Key Takeaway

Homes in Jefferson have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Jefferson was $416,250 in August 2024, up 2.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$304.8K
N/A
2 $299.9K$265.2K
-11.6%
3 $339.9K$348K
+2.4%
4 $409.9K$435K
+6.1%
5+ $580K$586K
+1.0%

Summary: Jefferson housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Maysville
+6.3%
Jefferson
+2.8%
West Jackson
+2.4%

Housing Supply in Jefferson, GA

How many homes are available in Jefferson, GA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
301312+3.7%

Summary: The Jefferson real estate market had 312 homes for sale in August 2024, a 3.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 59
+80.0%
3 6858
-14.7%
4 130143
+10.0%
5+ 97102
+5.2%

Summary: The Jefferson housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 5.2%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
7148-32.4%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Jefferson in August 2024, down by 32.4% month-over-month. Of the 43 sold homes, 44% were sold under asking, 33% were sold at asking, and 23% were sold over asking.

Days on Market for Jefferson, GA

How long does it take to sell a home in Jefferson, GA?

Average Sale Time

Aug 2023Aug 2024CHANGE
40 Days46 Days+16.9%

Summary: Homes in Jefferson had an average of 46 days on market in Aug 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 48 homes were sold in Jefferson; 46% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Jefferson, GA

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What housing markets are near Jefferson, GA?