Is Jefferson, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jefferson has remained a Seller's Market.
Housing Prices in Jefferson, GA
How much do homes in Jefferson, GA cost?
Median Sold Price
$415,444
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson was $415,444 in May 2024, up 3.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $525K | N/A |
2 Bedrooms | $295K | $230K | -22.0% |
3 Bedrooms | $330K | $339.9K | +3.0% |
4 Bedrooms | $416K | $433.1K | +4.1% |
5+ Bedrooms | $569.4K | $570K | 0.1% |
Summary: Jefferson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
Maysville | $300K | $359.9K | +20.0% |
Jefferson | $400.7K | $415.4K | +3.7% |
West Jackson | $429.2K | $444.9K | +3.6% |
Housing Supply in Jefferson, GA
How many homes are available in Jefferson, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
253 | 317 | +25.3% |
Summary: The Jefferson real estate market had 317 homes for sale in May 2024, a 25.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 63 | 71 | +12.7% |
4 Bedrooms | 119 | 150 | +26.1% |
5+ Bedrooms | 66 | 89 | +34.8% |
Summary: The Jefferson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 34.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 54 | +17.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Jefferson in May 2024, up by 17.4% month-over-month. Of the 53 sold homes, 32% were sold under asking, 47% were sold at asking, and 21% were sold over asking.
Days on Market for Jefferson, GA
How long does it take to sell a home in Jefferson, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 49 Days | -14.5% |
Summary: Homes in Jefferson had an average of 49 days on market in May 2024, down by 14.5% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 54 homes were sold in Jefferson; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.