Is Jefferson Davis County, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Davis County is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Jefferson Davis County has remained a Neutral Market.

Key Takeaway

Jefferson Davis County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jefferson Davis County, LA

How much do homes in Jefferson Davis County, LA cost?

Median Sold Price

$232,000

$130/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$47,500(+25.7%)

Key Takeaway

Homes in Jefferson Davis County have sold for 25.7% more than they did a month ago.

Summary: The median home sold price in Jefferson Davis County was $232,000 in August 2024, up 25.7% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $75K-
N/A
3 $184.5K$200.7K
+8.8%
4 $444.5K$285.5K
-35.8%
5+ --
N/A

Summary: Jefferson Davis County housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 35.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Jefferson Davis County
+25.7%
Evangeline County
-37.3%

Housing Supply in Jefferson Davis County, LA

How many homes are available in Jefferson Davis County, LA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3031+3.3%

Summary: The Jefferson Davis County real estate market had 31 homes for sale in August 2024, a 3.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1815
-16.7%
4 811
+37.5%
5+ 01
+100.0%

Summary: The Jefferson Davis County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson Davis County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Jefferson Davis County in August 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Jefferson Davis County, LA

How long does it take to sell a home in Jefferson Davis County, LA?

Average Sale Time

Jul 2024Aug 2024CHANGE
44 Days24 Days-45.5%

Summary: Homes in Jefferson Davis County had an average of 24 days on market in Aug 2024, down by 45.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 5 homes were sold in Jefferson Davis County; 60% of homes were sold within 30 days, 40% 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 Jefferson Davis County, LA

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