Is Jefferson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jefferson has remained a Seller's Market.
Key Takeaway
Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson, GA
How much do homes in Jefferson, GA cost?
Median Sold Price
$415,444
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jefferson have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Jefferson was $415,444 in May 2024, up 3.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $525K | N/A |
| 2 Bedrooms | $295K | $230K | -22.0% |
| 3 Bedrooms | $330K | $339.9K | +3.0% |
| 4 Bedrooms | $416K | $433.1K | +4.1% |
| 5+ Bedrooms | $569.4K | $570K | 0.1% |
Summary: Jefferson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
| Maysville | $300K | $359.9K | +20.0% |
| Jefferson | $400.7K | $415.4K | +3.7% |
| West Jackson | $429.2K | $444.9K | +3.6% |
Housing Supply in Jefferson, GA
How many homes are available in Jefferson, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 253 | 317 | +25.3% |
Summary: The Jefferson real estate market had 317 homes for sale in May 2024, a 25.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 63 | 71 | +12.7% |
| 4 Bedrooms | 119 | 150 | +26.1% |
| 5+ Bedrooms | 66 | 89 | +34.8% |
Summary: The Jefferson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 34.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 54 | +17.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson, expect to pay close to the asking price. 47.2% of homes here sold near the asking price last month.
Summary: A total of 54 homes were sold or pending in Jefferson in May 2024, up by 17.4% month-over-month. Of the 53 sold homes, 32% were sold under asking, 47% were sold at asking, and 21% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 58 Days | 49 Days | -14.5% |
Summary: Homes in Jefferson had an average of 49 days on market in May 2024, down by 14.5% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 54 homes were sold in Jefferson; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.