Is Jefferson County, LA 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, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, LA
How much do homes in Jefferson County, LA cost?
Median Sold Price
$257,019
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson County was $257,019 in April 2024, down 1.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109K | $95K | -12.8% |
2 Bedrooms | $160K | $160K | 0.0% |
3 Bedrooms | $249.9K | $246.9K | -1.2% |
4 Bedrooms | $325K | $327.6K | +0.8% |
5+ Bedrooms | $440K | $447.5K | +1.7% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Counties
Saint Charles County | $250K | $277.5K | +11.0% |
Plaquemines County | $361.5K | $362K | 0.2% |
Jefferson County | $259.9K | $257K | -1.1% |
Orleans County | $345K | $335.8K | -2.7% |
Housing Supply in Jefferson County, LA
How many homes are available in Jefferson County, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,628 | 1,805 | +10.9% |
Summary: The Jefferson County real estate market had 1,805 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 42 | 53 | +26.2% |
2 Bedrooms | 178 | 181 | +1.7% |
3 Bedrooms | 802 | 855 | +6.6% |
4 Bedrooms | 432 | 507 | +17.4% |
5+ Bedrooms | 174 | 209 | +20.1% |
Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.2%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 20.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
284 | 304 | +7.0% |
Asking Price vs. Sold Price
195 Homes Were Sold
Under Asking
68 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 304 homes were sold or pending in Jefferson County in April 2024, up by 7.0% month-over-month. Of the 304 sold homes, 64% were sold under asking, 22% were sold at asking, and 13% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 47 Days | +3.3% |
Summary: Homes in Jefferson County had an average of 47 days on market in Apr 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
170 Homes Were Sold
Under 30 Days
76 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During April 2024, 304 homes were sold in Jefferson County; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.