Jeffersontown, Kentucky Housing Market Prices
Jeffersontown Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 64% below the Kentucky median$42,577
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Median rent 40% above the Kentucky median$1,352
Housing Market Overview
| Metric | Jeffersontown | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $42,577 | $118,017 | $248,835 |
| Price Trend (Annual %) | 5.1% | 3.8% | 7.5% |
| Median Gross Rent | $1,352 | $967 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jeffersontown is about 64% lower than in Kentucky. Rent is about 40% higher than the Kentucky average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jeffersontown, up about 5.1% and 4.6% a year respectively. Home prices are changing faster.
Median rent in Jeffersontown rose about 49.2% between 2015 and 2024, from $906 to $1,352. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Jeffersontown.
Buying the median-priced home in Jeffersontown costs roughly 2.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Jeffersontown. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Jeffersontown | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $42,577 | $118,017 | $248,835 |
| Median Household Income | $83,325 | $64,312 | $80,455 |
| Price-to-Income Ratio | 0.5 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jeffersontown fell about 72.7%, while median household income rose about 33.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jeffersontown | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.3% | 61.3% | 58.5% |
| Rental Rate | 30.2% | 28.4% | 31.2% |
| Vacancy Rate | 4.4% | 10.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Jeffersontown has a homeownership rate of 65.3%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 4.4%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Jeffersontown | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1979 | 1981 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Jeffersontown was built around 1979. On average, 2.3 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Jeffersontown, Kentucky.
What is the median home price in Jeffersontown, Kentucky?
The median home price in Jeffersontown, Kentucky is $42,577, lower than the Kentucky average of $118,017.
What is the average home price in Jeffersontown, Kentucky?
The typical home price in Jeffersontown, Kentucky, reported as the median sale price, is $42,577. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Jeffersontown, Kentucky?
The median gross rent in Jeffersontown, Kentucky is $1,352 per month, higher than the Kentucky average of $967.
What was the median gross rent in Jeffersontown in 2020?
In 2020, the median gross rent in Jeffersontown, Kentucky was $1,060 per month.
What is the price-to-rent ratio in Jeffersontown, Kentucky?
The price-to-rent ratio in Jeffersontown, Kentucky is about 2.6, meaning it would take roughly 2.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Jeffersontown.
Are home prices or rent rising faster in Jeffersontown, Kentucky?
Both home prices and rent are rising in Jeffersontown, up about 5.1% and 4.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jeffersontown, Kentucky?
65.3% of households in Jeffersontown, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Jeffersontown, Kentucky?
The housing vacancy rate in Jeffersontown, Kentucky is 4.4%, lower than the Kentucky average of 10.3%.
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