Is Jefferson County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jefferson County was a Seller's Market.
Key Takeaway
Jefferson County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Jefferson County, LA
How much do homes in Jefferson County, LA cost?
Median Sold Price
$256,373
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jefferson County have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Jefferson County was $256,373 in March 2024, down 1.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $105K | 0.0% |
| 2 Bedrooms | $159.1K | $160K | 0.5% |
| 3 Bedrooms | $250K | $244.9K | -2.0% |
| 4 Bedrooms | $327.8K | $328.3K | 0.2% |
| 5+ Bedrooms | $440K | $455K | +3.4% |
Summary: Jefferson County 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 0.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Counties
| Saint Charles County | $255K | $269.9K | +5.9% |
| Plaquemines County | $359.7K | $360.1K | 0.1% |
| Jefferson County | $259.9K | $256.3K | -1.4% |
| Orleans County | $349.4K | $338.3K | -3.2% |
Housing Supply in Jefferson County, LA
How many homes are available in Jefferson County, LA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,539 | 1,689 | +9.7% |
Summary: The Jefferson County real estate market had 1,689 homes for sale in March 2024, a 9.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 34 | 43 | +26.5% |
| 2 Bedrooms | 171 | 175 | +2.3% |
| 3 Bedrooms | 748 | 825 | +10.3% |
| 4 Bedrooms | 428 | 460 | +7.5% |
| 5+ Bedrooms | 158 | 186 | +17.7% |
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 26.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 17.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 218 | 265 | +21.6% |
Asking Price vs. Sold Price
168 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson County, you may be able to get a good deal. 63.4% of homes here sold below asking price last month.
Summary: A total of 265 homes were sold or pending in Jefferson County in March 2024, up by 21.6% month-over-month. Of the 265 sold homes, 63% were sold under asking, 18% were sold at asking, and 19% were sold over asking.
Days on Market for Jefferson County, LA
How long does it take to sell a home in Jefferson County, LA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 50 Days | +2.7% |
Summary: Homes in Jefferson County had an average of 50 days on market in Mar 2024, up by 2.7% compared to last year.
Breakdown of Home Sale Times
141 Homes Were Sold
Under 30 Days
66 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 265 homes were sold in Jefferson County; 53% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. 
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.