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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Jefferson is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Southeast Jefferson, KY

How much do homes in Southeast Jefferson, KY cost?

Median Sold Price

$285,846

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,846(+3.9%)

Key Takeaway

Homes in Southeast Jefferson have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Southeast Jefferson was $285,846 in October 2024, up 3.9% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $86K$101.5K
+18.0%
2 $195K$200K
+2.6%
3 $270K$285K
+5.6%
4 $349.9K$365.5K
+4.5%
5+ $414K$518.5K
+25.2%

Summary: Southeast Jefferson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 25.2%.

Median Sold Price Compared To Nearby Cities

Southeast Jefferson
+3.9%
Jeffersontown
+3.8%

Housing Supply in Southeast Jefferson, KY

How many homes are available in Southeast Jefferson, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
389420+8.0%

Summary: The Southeast Jefferson real estate market had 420 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 107
-30.0%
2 7278
+8.3%
3 198210
+6.1%
4 91109
+19.8%
5+ 1816
-11.1%

Summary: The Southeast Jefferson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
132117-11.4%

Asking Price vs. Sold Price

59 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Jefferson, you may be able to get a good deal. 50.4% of homes here sold below asking price last month.

Summary: A total of 117 homes were sold or pending in Southeast Jefferson in October 2024, down by 11.4% month-over-month. Of the 117 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.

Days on Market for Southeast 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 Southeast Jefferson, KY

Nearby Markets to Southeast Jefferson, KY

What housing markets are near Southeast Jefferson, KY?