Is Jefferson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Jefferson was a Seller's Market.
Housing Prices in Jefferson, GA
How much do homes in Jefferson, GA cost?
Median Sold Price
$418,411
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Jefferson was $418,411 in February 2024, up 7.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $525K | N/A |
2 Bedrooms | $235K | $220K | -6.4% |
3 Bedrooms | $320K | $339.9K | +6.2% |
4 Bedrooms | $408K | $425K | +4.2% |
5+ Bedrooms | $522.6K | $599.4K | +14.7% |
Summary: Jefferson housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
Maysville | $300K | $378.3K | +26.1% |
Jefferson | $390K | $418.4K | +7.3% |
West Jackson | $434.8K | $444.7K | +2.3% |
Housing Supply in Jefferson, GA
How many homes are available in Jefferson, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
201 | 229 | +13.9% |
Summary: The Jefferson real estate market had 229 homes for sale in February 2024, a 13.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 48 | 63 | +31.3% |
4 Bedrooms | 97 | 104 | +7.2% |
5+ Bedrooms | 50 | 53 | +6.0% |
Summary: The Jefferson housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Jefferson in February 2024, up by 30.8% month-over-month. Of the 31 sold homes, 42% were sold under asking, 45% were sold at asking, and 13% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
67 Days | 55 Days | -17.9% |
Summary: Homes in Jefferson had an average of 55 days on market in Feb 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During February 2024, 34 homes were sold in Jefferson; 44% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.