Is Shepherdsville Northwest, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shepherdsville Northwest is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Shepherdsville Northwest has remained a Seller's Market.

Key Takeaway

Shepherdsville Northwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shepherdsville Northwest, KY

How much do homes in Shepherdsville Northwest, KY cost?

Median Sold Price

$257,833

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,833(+3.1%)

Key Takeaway

Homes in Shepherdsville Northwest have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Shepherdsville Northwest was $257,833 in April 2024, up 3.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$168.5K
N/A
2 $212.5K$219.9K
+3.5%
3 $237K$245K
+3.4%
4 $316.9K$290.4K
-8.4%
5+ $334.9K$445K
+32.9%

Summary: Shepherdsville Northwest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 32.9%.

Median Sold Price Compared To Nearby Cities

Fox Chase
+18.2%
Shepherdsville
+3.6%
Shepherdsville Northwest
+3.1%
Hillview
-2.2%

Housing Supply in Shepherdsville Northwest, KY

How many homes are available in Shepherdsville Northwest, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
111101-9.0%

Summary: The Shepherdsville Northwest real estate market had 101 homes for sale in April 2024, a 9.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 1515
0.0%
3 5251
-1.9%
4 3932
-17.9%
5+ 32
-33.3%

Summary: The Shepherdsville Northwest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2829+3.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shepherdsville Northwest, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Shepherdsville Northwest in April 2024, up by 3.6% month-over-month. Of the 29 sold homes, 31% were sold under asking, 28% were sold at asking, and 41% were sold over asking.

Days on Market for Shepherdsville Northwest, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Shepherdsville Northwest, KY

Nearby Markets to Shepherdsville Northwest, KY

What housing markets are near Shepherdsville Northwest, KY?