Is Jefferson County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, KY
How much do homes in Jefferson County, KY cost?
Median Sold Price
$250,083
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson County was $250,083 in April 2024, up 1.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $104.5K | $105K | 0.4% |
2 Bedrooms | $171.3K | $180K | +5.1% |
3 Bedrooms | $239.2K | $249.9K | +4.5% |
4 Bedrooms | $366.4K | $371.5K | +1.4% |
5+ Bedrooms | $571.9K | $595K | +4.0% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Counties
Bullitt County | $265.1K | $277.6K | +4.7% |
Oldham County | $385.8K | $403.7K | +4.7% |
Jefferson County | $245.4K | $250K | +1.9% |
Housing Supply in Jefferson County, KY
How many homes are available in Jefferson County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,646 | 2,730 | +3.2% |
Summary: The Jefferson County real estate market had 2,730 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 65 | 56 | -13.8% |
2 Bedrooms | 555 | 552 | -0.5% |
3 Bedrooms | 1,292 | 1,303 | +0.9% |
4 Bedrooms | 587 | 642 | +9.4% |
5+ Bedrooms | 147 | 177 | +20.4% |
Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.8%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 20.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
815 | 787 | -3.4% |
Asking Price vs. Sold Price
337 Homes Were Sold
Under Asking
205 Homes Were Sold
At Asking
245 Homes Were Sold
Over Asking
Summary: A total of 787 homes were sold or pending in Jefferson County in April 2024, down by 3.4% month-over-month. Of the 787 sold homes, 43% were sold under asking, 26% were sold at asking, and 31% were sold over asking.
Days on Market for Jefferson County, KY
How long does it take to sell a home in Jefferson County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 18 Days | +71.4% |
Summary: Homes in Jefferson County had an average of 18 days on market in Apr 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 787 homes were sold in Jefferson County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.