Is Jeffersontown, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jeffersontown is a seller's market

Buyer's
Market

Difference Since March 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

$270,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+1.9%)

Key Takeaway

Homes in Jeffersontown have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Jeffersontown was $270,000 in March 2024, up 1.9% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $195K$210K
+7.7%
3 $265K$265.9K
0.3%
4 $299.2K$318K
+6.3%
5+ $360K$470K
+30.6%

Summary: Jeffersontown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 30.6%.

Median Sold Price Compared To Nearby Cities

Southeast Jefferson
+3.0%
Jeffersontown
+1.9%

Housing Supply in Jeffersontown, KY

How many homes are available in Jeffersontown, KY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5972+22.0%

Summary: The Jeffersontown real estate market had 72 homes for sale in March 2024, a 22.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 3345
+36.4%
4 1615
-6.3%
5+ 11
0.0%

Summary: The Jeffersontown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
17170.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jeffersontown, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Jeffersontown in March 2024, the same as the previous month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% were sold over asking.

Days on Market for Jeffersontown, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Jeffersontown, KY

Nearby Markets to Jeffersontown, KY

What housing markets are near Jeffersontown, KY?