Is Jefferson County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, KY
How much do homes in Jefferson County, KY cost?
Median Sold Price
$250,018
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson County was $250,018 in March 2024, up 2.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $101K | $105K | +4.0% |
2 Bedrooms | $172.5K | $179.8K | +4.2% |
3 Bedrooms | $237.6K | $250K | +5.2% |
4 Bedrooms | $369.7K | $368.8K | -0.2% |
5+ Bedrooms | $569.5K | $596.9K | +4.8% |
Summary: Jefferson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
Oldham County | $385.7K | $399.9K | +3.7% |
Jefferson County | $244.6K | $250K | +2.2% |
Bullitt County | $268.7K | $270.2K | +0.6% |
Housing Supply in Jefferson County, KY
How many homes are available in Jefferson County, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,484 | 2,649 | +6.6% |
Summary: The Jefferson County real estate market had 2,649 homes for sale in March 2024, a 6.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 62 | 65 | +4.8% |
2 Bedrooms | 526 | 581 | +10.5% |
3 Bedrooms | 1,216 | 1,267 | +4.2% |
4 Bedrooms | 545 | 579 | +6.2% |
5+ Bedrooms | 135 | 157 | +16.3% |
Summary: The Jefferson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 16.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
665 | 742 | +11.6% |
Asking Price vs. Sold Price
339 Homes Were Sold
Under Asking
204 Homes Were Sold
At Asking
199 Homes Were Sold
Over Asking
Summary: A total of 742 homes were sold or pending in Jefferson County in March 2024, up by 11.6% month-over-month. Of the 742 sold homes, 46% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Jefferson County, KY
We’re sorry, we don't have information for this market at the moment