Is Jeffersonville, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jeffersonville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Jeffersonville was a Seller's Market.

Key Takeaway

Jeffersonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jeffersonville, KY

How much do homes in Jeffersonville, KY cost?

Median Sold Price

$188,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,000(-8.3%)

Key Takeaway

Homes in Jeffersonville have sold for 8.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$157.4K
-12.5%
3 $205K$211.5K
+3.2%
4 $265K$170K
-35.8%
5+ -$180K
N/A

Summary: Jeffersonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 35.8%, and 5+ bedroom homes did not change.

Housing Supply in Jeffersonville, KY

How many homes are available in Jeffersonville, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
16160.0%

Summary: The Jeffersonville real estate market had 16 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1010
0.0%
4 23
+50.0%
5+ 32
-33.3%

Summary: The Jeffersonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jeffersonville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Jeffersonville in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Jeffersonville, KY

How long does it take to sell a home in Jeffersonville, KY?

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days3 Days-94.8%

Summary: Homes in Jeffersonville had an average of 3 days on market in Nov 2024, down by 94.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Jeffersonville; 100% 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.

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 Jeffersonville, KY

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