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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Jefferson is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Northeast Jefferson, KY

How much do homes in Northeast Jefferson, KY cost?

Median Sold Price

$467,932

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,856(+4.0%)

Key Takeaway

Homes in Northeast Jefferson have sold for 4% more than they did a year ago.

Summary: The median home sold price in Northeast Jefferson was $467,932 in November 2024, up 4% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115.5K$125K
+8.2%
2 $256K$284.5K
+11.1%
3 $368K$388.9K
+5.7%
4 $476.3K$523.7K
+10.0%
5+ $660K$738K
+11.8%

Summary: Northeast Jefferson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Cities

Coldstream
+8.1%
Northeast Jefferson
+4.0%
Pewee Valley
+1.0%
Worthington Hills
-10.6%

Housing Supply in Northeast Jefferson, KY

How many homes are available in Northeast Jefferson, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
251225-10.4%

Summary: The Northeast Jefferson real estate market had 225 homes for sale in November 2024, a 10.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 2420
-16.7%
3 9686
-10.4%
4 8579
-7.1%
5+ 4639
-15.2%

Summary: The Northeast Jefferson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 15.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7659-22.4%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Jefferson, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Northeast Jefferson in November 2024, down by 22.4% month-over-month. Of the 59 sold homes, 56% were sold under asking, 20% were sold at asking, and 24% were sold over asking.

Days on Market for Northeast 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 Northeast Jefferson, KY

Nearby Markets to Northeast Jefferson, KY

What housing markets are near Northeast Jefferson, KY?