Is Jefferson County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jefferson County was a Neutral Market.

Key Takeaway

Jefferson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jefferson County, AL

How much do homes in Jefferson County, AL cost?

Median Sold Price

$280,729

$152/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,622(+3.9%)

Key Takeaway

Homes in Jefferson County have sold for 3.9% more than they did a month ago.

Summary: The median home sold price in Jefferson County was $280,729 in November 2024, up 3.9% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $240K$169.9K
-29.2%
2 $166.9K$138.5K
-17.0%
3 $235K$250.6K
+6.7%
4 $375K$380K
+1.3%
5+ $703.7K$567.5K
-19.4%

Summary: Jefferson County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 29.2%, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 19.4%.

Median Sold Price Compared To Nearby Counties

Blount County
+15.0%
Shelby County
+5.5%
Jefferson County
+3.9%

Housing Supply in Jefferson County, AL

How many homes are available in Jefferson County, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2,5822,868+11.1%

Summary: The Jefferson County real estate market had 2,868 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4452
+18.2%
2 276319
+15.6%
3 1,4111,531
+8.5%
4 643720
+12.0%
5+ 208246
+18.3%

Summary: The Jefferson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 18.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
441535+21.3%

Asking Price vs. Sold Price

276 Homes Were Sold
Under Asking

128 Homes Were Sold
At Asking

131 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.

Summary: A total of 535 homes were sold or pending in Jefferson County in November 2024, up by 21.3% month-over-month. Of the 535 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.

Days on Market for Jefferson County, AL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
36 Days39 Days+9.7%

Summary: Homes in Jefferson County had an average of 39 days on market in Nov 2024, up by 9.7% compared to last month.

Breakdown of Home Sale Times

347 Homes Were Sold
Under 30 Days

112 Homes Were Sold
In 30 - 90 Days

74 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 535 homes were sold in Jefferson County; 65% of homes were sold within 30 days, 21% 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 20 Days Ago

Newest Listings in Jefferson County, AL

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What housing markets are near Jefferson County, AL?