Is Jefferson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Jefferson was a Seller's Market.

Key Takeaway

Jefferson 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, GA

How much do homes in Jefferson, GA cost?

Median Sold Price

$422,933

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,963(+7.6%)

Key Takeaway

Homes in Jefferson have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Jefferson was $422,933 in April 2024, up 7.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$525K
N/A
2 $257.5K$229.2K
-11.0%
3 $325K$339.9K
+4.6%
4 $405K$435.5K
+7.5%
5+ $562.4K$580K
+3.1%

Summary: 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 decreased by 11%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Cities

Maysville
+24.4%
Jefferson
+7.6%
West Jackson
0.0%

Housing Supply in Jefferson, GA

How many homes are available in Jefferson, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
239247+3.3%

Summary: The Jefferson real estate market had 247 homes for sale in April 2024, a 3.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 7163
-11.3%
4 103113
+9.7%
5+ 5766
+15.8%

Summary: The 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 decreased by 37.5%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6136-41.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Jefferson in April 2024, down by 41.0% month-over-month. Of the 35 sold homes, 46% were sold under asking, 46% were sold at asking, and 9% were sold over asking.

Days on Market for Jefferson, GA

How long does it take to sell a home in Jefferson, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days47 Days-5.9%

Summary: Homes in Jefferson had an average of 47 days on market in Apr 2024, down by 5.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jefferson has remained consistent over time.

Summary: During April 2024, 36 homes were sold in Jefferson; 39% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 14 Days Ago

Newest Listings in Jefferson, GA

Nearby Markets to Jefferson, GA

What housing markets are near Jefferson, GA?