Is Oldham 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, Oldham County has remained a Seller's Market.
Key Takeaway
Oldham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oldham County, KY
How much do homes in Oldham County, KY cost?
Median Sold Price
$405,898
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oldham County have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Oldham County was $405,898 in May 2024, up 5.4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $213K | N/A |
| 2 Bedrooms | $205K | $217.5K | +6.1% |
| 3 Bedrooms | $322.2K | $344.6K | +7.0% |
| 4 Bedrooms | $435K | $495K | +13.8% |
| 5+ Bedrooms | $707K | $740K | +4.7% |
Summary: Oldham 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 6.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Counties
| Henry County | $214.9K | $245K | +14.0% |
| Oldham County | $385.1K | $405.8K | +5.4% |
| Shelby County | $299.7K | $308K | +2.8% |
| Trimble County | $219.5K | $193K | -12.1% |
Housing Supply in Oldham County, KY
How many homes are available in Oldham County, KY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 222 | 244 | +9.9% |
Summary: The Oldham County real estate market had 244 homes for sale in May 2024, a 9.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 88 | 88 | 0.0% |
| 4 Bedrooms | 91 | 104 | +14.3% |
| 5+ Bedrooms | 37 | 45 | +21.6% |
Summary: The Oldham County 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 increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 21.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 | 65 | +20.4% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oldham County, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Oldham County in May 2024, up by 20.4% month-over-month. Of the 65 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Oldham County, KY
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oldham County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 65 homes were sold in Oldham County; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2024 LBAR Multiple Listing Service. All rights reserved.