Is Clark 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, Clark County has remained a Seller's Market.
Housing Prices in Clark County, KY
How much do homes in Clark County, KY cost?
Median Sold Price
$236,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clark County was $236,000 in May 2024, up 6.9% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173.8K | - | N/A |
2 Bedrooms | $139.4K | $165K | +18.4% |
3 Bedrooms | $225K | $224.6K | -0.2% |
4 Bedrooms | $245K | $298K | +21.7% |
5+ Bedrooms | $306K | $370K | +20.9% |
Summary: Clark County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Counties
Estill County | $145K | $176.7K | +21.9% |
Clark County | $220.6K | $236K | +6.9% |
Fayette County | $295.4K | $314.9K | +6.6% |
Powell County | $175K | $184K | +5.1% |
Montgomery County | $204.9K | $213K | +4.0% |
Housing Supply in Clark County, KY
How many homes are available in Clark County, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 | 113 | -5.0% |
Summary: The Clark County real estate market had 113 homes for sale in May 2024, a 5.0% 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 | 9 | 7 | -22.2% |
3 Bedrooms | 69 | 63 | -8.7% |
4 Bedrooms | 28 | 29 | +3.6% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Clark 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 decreased by 22.2%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 38 | 0.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Clark County in May 2024, the same as the previous month. Of the 38 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% were sold over asking.
Days on Market for Clark County, KY
How long does it take to sell a home in Clark County, KY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 20 Days | -3.0% |
Summary: Homes in Clark County had an average of 20 days on market in May 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Clark County; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.