Is Nelson 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, Nelson County has remained a Seller's Market.
Housing Prices in Nelson County, KY
How much do homes in Nelson County, KY cost?
Median Sold Price
$250,100
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nelson County was $250,100 in May 2024, up 2.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $148.7K | N/A |
2 Bedrooms | $168.5K | $186K | +10.4% |
3 Bedrooms | $237.2K | $256K | +7.9% |
4 Bedrooms | $329.2K | $356.2K | +8.2% |
5+ Bedrooms | $382.4K | $435K | +13.7% |
Summary: Nelson 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 10.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Counties
Washington County | $176.7K | $235K | +33.0% |
Spencer County | $349.7K | $368K | +5.2% |
Bullitt County | $269.8K | $279.3K | +3.5% |
Nelson County | $243.6K | $250.1K | +2.6% |
Housing Supply in Nelson County, KY
How many homes are available in Nelson County, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
194 | 211 | +8.8% |
Summary: The Nelson County real estate market had 211 homes for sale in May 2024, a 8.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 23 | 20 | -13.0% |
3 Bedrooms | 135 | 154 | +14.1% |
4 Bedrooms | 24 | 27 | +12.5% |
5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Nelson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 40 | -28.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Nelson County in May 2024, down by 28.6% month-over-month. Of the 40 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.
Days on Market for Nelson County, KY
We’re sorry, we don't have information for this market at the moment