$6,531 Closing Credit*
$550,000
1,700 SqFt
2 Beds
•2 Full Baths
Listing Office: RE/MAX Premier Properties
Is Northeast Jefferson, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Northeast Jefferson has remained a Seller's Market.
Key Takeaway
Northeast Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Jefferson, KY
How much do homes in Northeast Jefferson, KY cost?
Median Sold Price
$453,203
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$405(+0.1%)
Key Takeaway
The sold price of homes in Northeast Jefferson has remained the same since last year.
Summary: The median home sold price in Northeast Jefferson was $453,203 in September 2024, up 0.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115.5K | $125K | +8.2% |
| 2 Bedrooms | $253.9K | $270.5K | +6.5% |
| 3 Bedrooms | $356.6K | $371.6K | +4.2% |
| 4 Bedrooms | $490K | $511.3K | +4.4% |
| 5+ Bedrooms | $658.5K | $747.5K | +13.5% |
Summary: Northeast Jefferson housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Coldstream | $275K | $296K | +7.6% |
| Worthington Hills | $223K | $223.5K | 0.2% |
| Northeast Jefferson | $452.7K | $453.2K | 0.1% |
| Fincastle | $266K | $266K | 0.0% |
| Pewee Valley | $314.5K | $275K | -12.6% |
Housing Supply in Northeast Jefferson, KY
How many homes are available in Northeast Jefferson, KY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 284 | 272 | -4.2% |
Summary: The Northeast Jefferson real estate market had 272 homes for sale in September 2024, a 4.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 24 | 29 | +20.8% |
| 3 Bedrooms | 100 | 87 | -13.0% |
| 4 Bedrooms | 100 | 95 | -5.0% |
| 5+ Bedrooms | 59 | 61 | +3.4% |
Summary: The Northeast Jefferson housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 84 | 67 | -20.2% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Jefferson, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Northeast Jefferson in September 2024, down by 20.2% month-over-month. Of the 67 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for Northeast Jefferson, KY
How long does it take to sell a home in Northeast Jefferson, KY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 1 Day | 2 Days | +100.0% |
Summary: Homes in Northeast Jefferson had an average of 2 days on market in Sep 2024, up by 100% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 67 homes were sold in Northeast Jefferson; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.