Is Jeffersontown, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Jeffersontown has remained a Seller's Market.
Key Takeaway
Jeffersontown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jeffersontown, KY
How much do homes in Jeffersontown, KY cost?
Median Sold Price
$271,233
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Jeffersontown have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Jeffersontown was $271,233 in June 2024, up 2.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $210K | +10.5% |
| 3 Bedrooms | $260K | $270.3K | +4.0% |
| 4 Bedrooms | $307K | $315.4K | +2.8% |
| 5+ Bedrooms | $360K | $490K | +36.1% |
Summary: Jeffersontown housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 36.1%.
Median Sold Price Compared To Nearby Cities
| Hurstbourne | $460.5K | $513.1K | +11.4% |
| Southeast Jefferson | $270.1K | $280.4K | +3.8% |
| Jeffersontown | $265K | $271.2K | +2.4% |
Housing Supply in Jeffersontown, KY
How many homes are available in Jeffersontown, KY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 90 | 86 | -4.4% |
Summary: The Jeffersontown real estate market had 86 homes for sale in June 2024, a 4.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 46 | 49 | +6.5% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jeffersontown housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jeffersontown, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in Jeffersontown in June 2024, down by 23.5% month-over-month. Of the 26 sold homes, 27% were sold under asking, 38% were sold at asking, and 35% were sold over asking.
Days on Market for Jeffersontown, KY
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.