Is East Jefferson, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Jefferson has remained a Seller's Market.
Key Takeaway
East Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Jefferson, KY
How much do homes in East Jefferson, KY cost?
Median Sold Price
$380,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Jefferson have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in East Jefferson was $380,000 in April 2024, up 5.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114.5K | $125K | +9.2% |
| 2 Bedrooms | $210K | $220K | +4.8% |
| 3 Bedrooms | $329.9K | $350.2K | +6.2% |
| 4 Bedrooms | $468K | $484.3K | +3.5% |
| 5+ Bedrooms | $760K | $710.2K | -6.5% |
Summary: East Jefferson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| East Jefferson | $359.9K | $380K | +5.6% |
| Graymoor-Devondale | $345K | $329K | -4.6% |
Housing Supply in East Jefferson, KY
How many homes are available in East Jefferson, KY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 245 | 278 | +13.5% |
Summary: The East Jefferson real estate market had 278 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 33 | 43 | +30.3% |
| 3 Bedrooms | 105 | 113 | +7.6% |
| 4 Bedrooms | 79 | 88 | +11.4% |
| 5+ Bedrooms | 21 | 30 | +42.9% |
Summary: The East Jefferson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 69 | 82 | +18.8% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Jefferson, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.
Summary: A total of 82 homes were sold or pending in East Jefferson in April 2024, up by 18.8% month-over-month. Of the 82 sold homes, 46% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for East Jefferson, KY
We’re sorry, we don't have information for this market at the moment
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