Is Casey County, 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, Casey County has remained a Seller's Market.
Housing Prices in Casey County, KY
How much do homes in Casey County, KY cost?
Median Sold Price
$237,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Casey County was $237,500 in May 2024, up 21.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $259.9K | +48.5% |
2 Bedrooms | $157.5K | $125.5K | -20.3% |
3 Bedrooms | $169.9K | $190K | +11.8% |
4 Bedrooms | $244K | $237.5K | -2.7% |
5+ Bedrooms | $290K | $440.5K | +51.9% |
Summary: Casey County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.5%, 2 bedroom homes decreased by 20.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 51.9%.
Median Sold Price Compared To Nearby Counties
Casey County | $195K | $237.5K | +21.8% |
Lincoln County | $181.5K | $185K | +1.9% |
Boyle County | $236K | $225K | -4.7% |
Marion County | $250K | $195K | -22.0% |
Housing Supply in Casey County, KY
How many homes are available in Casey County, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 35 | +29.6% |
Summary: The Casey County real estate market had 35 homes for sale in May 2024, a 29.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Casey County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Casey County in May 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Casey County, KY
How long does it take to sell a home in Casey County, KY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 18 Days | -61.0% |
Summary: Homes in Casey County had an average of 18 days on market in May 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Casey County; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.