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 October 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

$466,333

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,333(+3.6%)

Key Takeaway

Homes in Northeast Jefferson have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Northeast Jefferson was $466,333 in October 2024, up 3.6% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115.5K$125K
+8.2%
2 $246K$292.9K
+19.1%
3 $365K$382.5K
+4.8%
4 $479.9K$515K
+7.3%
5+ $657.5K$742.5K
+12.9%

Summary: Northeast Jefferson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 12.9%.

Median Sold Price Compared To Nearby Cities

Coldstream
+6.2%
Northeast Jefferson
+3.6%
Worthington Hills
-7.6%
Pewee Valley
-11.1%

Housing Supply in Northeast Jefferson, KY

How many homes are available in Northeast Jefferson, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
258251-2.7%

Summary: The Northeast Jefferson real estate market had 251 homes for sale in October 2024, a 2.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2625
-3.8%
3 8792
+5.7%
4 9286
-6.5%
5+ 5348
-9.4%

Summary: The Northeast 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 decreased by 3.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 9.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7270-2.8%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

19 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. 51.4% of homes here sold below asking price last month.

Summary: A total of 70 homes were sold or pending in Northeast Jefferson in October 2024, down by 2.8% month-over-month. Of the 70 sold homes, 51% were sold under asking, 21% were sold at asking, and 27% 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?