Is North Dixie, 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, North Dixie has remained a Seller's Market.
Key Takeaway
North Dixie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Dixie, KY
How much do homes in North Dixie, KY cost?
Median Sold Price
$200,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Dixie have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in North Dixie was $200,000 in May 2024, up 5.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | $91K | -41.7% |
| 2 Bedrooms | $149.5K | $154.5K | +3.3% |
| 3 Bedrooms | $194.6K | $207.5K | +6.7% |
| 4 Bedrooms | $220K | $219K | -0.5% |
| 5+ Bedrooms | $234.9K | $269.9K | +14.9% |
Summary: North Dixie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
| North Dixie | $189.9K | $200K | +5.3% |
| Pond Creek | $220.1K | $230K | +4.5% |
| Shively | $176.5K | $181K | +2.5% |
| Louisville South | $152K | $154.9K | +1.9% |
Housing Supply in North Dixie, KY
How many homes are available in North Dixie, KY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 180 | 158 | -12.2% |
Summary: The North Dixie real estate market had 158 homes for sale in May 2024, a 12.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 31 | 25 | -19.4% |
| 3 Bedrooms | 118 | 106 | -10.2% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The North Dixie 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 decreased by 19.4%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 | 54 | -25.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Dixie, you could pay more than the asking price. 42.6% of homes here sold above asking price last month.
Summary: A total of 54 homes were sold or pending in North Dixie in May 2024, down by 25.0% month-over-month. Of the 54 sold homes, 31% were sold under asking, 26% were sold at asking, and 43% were sold over asking.
Days on Market for North Dixie, KY
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.