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 November 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

$285,444

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,444(+3.8%)

Key Takeaway

Homes in Southeast Jefferson have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Southeast Jefferson was $285,444 in November 2024, up 3.8% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $87K$102.7K
+18.1%
2 $195K$202.5K
+3.8%
3 $270K$285K
+5.6%
4 $350K$365K
+4.3%
5+ $425K$517K
+21.6%

Summary: Southeast Jefferson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 21.6%.

Median Sold Price Compared To Nearby Cities

Southeast Jefferson
+3.8%
Jeffersontown
+3.8%

Housing Supply in Southeast Jefferson, KY

How many homes are available in Southeast Jefferson, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
415388-6.5%

Summary: The Southeast Jefferson real estate market had 388 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 76
-14.3%
2 7669
-9.2%
3 211188
-10.9%
4 103107
+3.9%
5+ 1818
0.0%

Summary: The Southeast Jefferson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127111-12.6%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

35 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. 36% of homes here sold below asking price last month.

Summary: A total of 111 homes were sold or pending in Southeast Jefferson in November 2024, down by 12.6% month-over-month. Of the 111 sold homes, 36% were sold under asking, 32% were sold at asking, and 32% 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?