Listing Office: SimpliHOM
Jessamine County Housing Market Report December 2024•Jessamine County, Kentucky
Housing Prices in Jessamine County, KY
How much do homes in Jessamine County, KY cost?
Housing Market Conditions
Is Jessamine County, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Jessamine County is a Seller's Market
Difference Since December 2023
Since last year, Jessamine County has remained a Seller's Market.
Jessamine County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Jessamine County have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Jessamine County was $349,987 in December 2024, up 8.9% from last year, and the median price per square foot was $148.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Mercer County | $229K | $250K | +9.2% |
Jessamine County | $321.3K | $349.9K | +8.9% |
Madison County | $268.5K | $287.9K | +7.2% |
Fayette County | $310.6K | $325.2K | +4.7% |
Garrard County | $267.4K | $275K | +2.8% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
22 Bedrooms | $185.7K | $175K | -5.8% |
44 Bedrooms | $437K | $430.7K | -1.5% |
55+ Bedrooms | $608.8K | $626.5K | +2.9% |
11 Bedroom | $165.6K | $115K | -30.6% |
33 Bedrooms | $270.1K | $282.5K | +4.6% |
Summary: Jessamine County housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes decreased by -5.8%. The home price for 4 bedroom homes decreased by -1.5%. The home price for 5 bedroom homes increased by +2.9%. The home price for 1 bedroom homes decreased by -30.6%. The home price for 3 bedroom homes increased by +4.6%.
Housing supply in Jessamine County, KY
How many homes are available in Jessamine County, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
174Last MonthDec 2024 | ||
1842 months agoNov 2024 | -5.4 % Change MoMNov – Dec |
Summary: The Jessamine County real estate market had 174 homes for sale in Dec 2024, a 5.4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
33Last MonthDec 2024 | ||
472 months agoNov 2024 | -29.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
22 Bedrooms | 8 | 10 | +25.0% |
44 Bedrooms | 67 | 63 | -6.0% |
55+ Bedrooms | 27 | 25 | -7.4% |
11 Bedroom | 2 | 2 | 0.0% |
33 Bedrooms | 80 | 74 | -7.5% |
Summary: Jessamine County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -6.0%. The inventory for 5 bedroom homes decreased by -7.4%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -7.5%.
Asking Price vs. Sold Price
How much do homes in Jessamine County, KY cost?
Over Asking Price6 Homes
At Asking Price9 Homes
Under Asking Price18 Homes
If you're buying a home in Jessamine County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Jessamine County in December 2024, down by 29.8% month-over-month. Of the 33 sold homes, 55% were sold under asking, 27% were sold at asking, and and 18% were sold over asking.
Days on Market for Jessamine County, KY
How long does it take to sell a home in Jessamine County, KY?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days12 Homes
Over 90 Days6 Homes
Many homes in Jessamine County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 33 homes were sold in Jessamine County; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
47 DaysThis YearDec 2024 | ||
35 Days1 year agoDec 2023 | +31.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Jessamine County had an average listing age of 47 days in Dec 2024, up by 31.7% compared to the previous year.
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Newest Listings in Jessamine County, KY
What homes are available in Jessamine County, KY?
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, and RealTracs Middle Tennessee Regional MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:18:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.