Is Central Jefferson, KY 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, Central Jefferson has remained a Seller's Market.
Housing Prices in Central Jefferson, KY
How much do homes in Central Jefferson, KY cost?
Median Sold Price
$221,375
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Central Jefferson was $221,375 in May 2024, up 7.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.5K | $62.5K | +12.6% |
2 Bedrooms | $168K | $180K | +7.1% |
3 Bedrooms | $214.2K | $225K | +5.0% |
4 Bedrooms | $250K | $275K | +10.0% |
5+ Bedrooms | $325K | $279.9K | -13.9% |
Summary: Central Jefferson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Cities
Central Jefferson | $205.5K | $221.3K | +7.7% |
Louisville | $239.4K | $249.2K | +4.1% |
Housing Supply in Central Jefferson, KY
How many homes are available in Central Jefferson, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
258 | 266 | +3.1% |
Summary: The Central Jefferson real estate market had 266 homes for sale in May 2024, a 3.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 58 | 61 | +5.2% |
3 Bedrooms | 152 | 155 | +2.0% |
4 Bedrooms | 36 | 36 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Central 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 5.2%, 3 bedroom homes increased by 2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
88 | 84 | -4.5% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in Central Jefferson in May 2024, down by 4.5% month-over-month. Of the 84 sold homes, 26% were sold under asking, 29% were sold at asking, and 45% were sold over asking.
Days on Market for Central Jefferson, KY
How long does it take to sell a home in Central Jefferson, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 84 homes were sold in Central Jefferson; 1% 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.