Is Eminence, 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, Eminence has remained a Seller's Market.
Housing Prices in Eminence, KY
How much do homes in Eminence, KY cost?
Median Sold Price
$240,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Eminence was $240,000 in May 2024, up 24.7% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $164K | N/A |
2 Bedrooms | $140K | $171.2K | +22.3% |
3 Bedrooms | $190K | $228.5K | +20.3% |
4 Bedrooms | $239.9K | $331.9K | +38.4% |
5+ Bedrooms | - | $337.5K | N/A |
Summary: Eminence 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 22.3%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes did not change.
Housing Supply in Eminence, KY
How many homes are available in Eminence, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Eminence real estate market had 19 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Eminence housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Eminence in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Eminence, KY
We’re sorry, we don't have information for this market at the moment