Is East Jefferson, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Jefferson is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, East Jefferson has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Jefferson, KY

How much do homes in East Jefferson, KY cost?

Median Sold Price

$379,554

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,811(+1.0%)

Key Takeaway

Homes in East Jefferson have sold for 1% more than they did a year ago.

Summary: The median home sold price in East Jefferson was $379,554 in October 2024, up 1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $126K$124.2K
-1.4%
2 $219.2K$235K
+7.2%
3 $340.2K$348.2K
+2.4%
4 $466.5K$499.9K
+7.2%
5+ $700K$846.2K
+20.9%

Summary: East Jefferson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Cities

Graymoor-Devondale
+2.5%
East Jefferson
+1.0%

Housing Supply in East Jefferson, KY

How many homes are available in East Jefferson, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
275298+8.4%

Summary: The East Jefferson real estate market had 298 homes for sale in October 2024, a 8.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 3838
0.0%
3 117131
+12.0%
4 7782
+6.5%
5+ 4044
+10.0%

Summary: The East Jefferson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7484+13.5%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Jefferson, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 84 homes were sold or pending in East Jefferson in October 2024, up by 13.5% month-over-month. Of the 84 sold homes, 43% were sold under asking, 24% were sold at asking, and 33% were sold over asking.

Days on Market for East Jefferson, KY

We’re sorry, we don't have information for this market at the moment

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 East Jefferson, KY

Nearby Markets to East Jefferson, KY