Is Jackson County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jackson County was a Buyer's Market.
Housing Prices in Jackson County, KY
How much do homes in Jackson County, KY cost?
Median Sold Price
$167,400
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $50K | -50.0% |
2 Bedrooms | $66.5K | $121.9K | +83.3% |
3 Bedrooms | $169.9K | $134.5K | -20.8% |
4 Bedrooms | $223.5K | $206K | -7.8% |
5+ Bedrooms | $199.5K | $195K | -2.3% |
Summary: Jackson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 83.3%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Counties
Laurel County | $199.7K | $209.7K | +5.0% |
Rockcastle County | $160.5K | $163.7K | +2.0% |
Jackson County | $164.7K | $167.4K | +1.6% |
Housing Supply in Jackson County, KY
How many homes are available in Jackson County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Summary: The Jackson County real estate market had 22 homes for sale in April 2024, a 8.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jackson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jackson County in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Jackson County, KY
How long does it take to sell a home in Jackson County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
1 Days | 27 Days | +1700.0% |
Summary: Homes in Jackson County had an average of 27 days on market in Apr 2024, up by 1700% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Jackson County; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.