Is South 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, South Jefferson has remained a Seller's Market.
Housing Prices in South Jefferson, KY
How much do homes in South Jefferson, KY cost?
Median Sold Price
$290,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Jefferson was $290,000 in April 2024, down 1.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $192.4K | $210K | +9.1% |
3 Bedrooms | $255.2K | $270K | +5.8% |
4 Bedrooms | $340K | $345K | +1.5% |
5+ Bedrooms | $413.6K | $410K | -0.9% |
Summary: South Jefferson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Central Jefferson | $205.4K | $220K | +7.1% |
Southeast Jefferson | $269.9K | $279.9K | +3.7% |
Louisville | $239.4K | $245.9K | +2.7% |
South Jefferson | $295.1K | $290K | -1.8% |
Housing Supply in South Jefferson, KY
How many homes are available in South Jefferson, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
144 | 145 | +0.7% |
Summary: The South Jefferson real estate market had 145 homes for sale in April 2024, a 0.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 65 | 69 | +6.2% |
4 Bedrooms | 61 | 55 | -9.8% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The South Jefferson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 38 | -5.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in South Jefferson in April 2024, down by 5.0% month-over-month. Of the 38 sold homes, 32% were sold under asking, 45% were sold at asking, and 24% were sold over asking.
Days on Market for South Jefferson, KY
We’re sorry, we don't have information for this market at the moment