Is Estill County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Estill County was a Buyer's Market.
Housing Prices in Estill County, KY
How much do homes in Estill County, KY cost?
Median Sold Price
$176,750
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Estill County was $176,750 in May 2024, up 21.9% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89.5K | $45K | -49.7% |
2 Bedrooms | $105K | $122.5K | +16.7% |
3 Bedrooms | $159.9K | $172.5K | +7.9% |
4 Bedrooms | $169.7K | $256.5K | +51.1% |
5+ Bedrooms | $177.5K | $212.5K | +19.7% |
Summary: Estill County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 51.1%, and 5+ bedroom homes increased by 19.7%.
Median Sold Price Compared To Nearby Counties
Estill County | $145K | $176.7K | +21.9% |
Madison County | $260.8K | $283.5K | +8.7% |
Clark County | $220.6K | $236K | +6.9% |
Powell County | $175K | $184K | +5.1% |
Housing Supply in Estill County, KY
How many homes are available in Estill County, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Summary: The Estill County real estate market had 47 homes for sale in May 2024, a 14.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Estill County 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 remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Estill County in May 2024, up by 175.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Estill County, KY
How long does it take to sell a home in Estill County, KY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
114 Days | 12 Days | -88.8% |
Summary: Homes in Estill County had an average of 12 days on market in May 2024, down by 88.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Estill County; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.