Is 42053, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42053 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 42053 has remained a Seller's Market.

Key Takeaway

42053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 42053, KY

How much do homes in 42053, KY cost?

Median Sold Price

$303,250

$136/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$138,250(+83.8%)

Key Takeaway

Homes in 42053 have sold for 83.8% more than they did a month ago.

Summary: The median home sold price in 42053 was $303,250 in October 2024, up 83.8% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$164.9K
N/A
3 $115.2K$303.2K
+163.1%
4 $400K$430K
+7.5%
5+ --
N/A

Summary: 42053 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 163.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.

Housing Supply in 42053, KY

How many homes are available in 42053, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The 42053 real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 119
-18.2%
4 22
0.0%
5+ 00
0.0%

Summary: The 42053 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 42053, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 42053 in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 42053, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 42053, KY

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