$6,531 Closing Credit*
$550,000
3,200 SqFt
3 Beds
•2 Full Baths, 1 Partial
Crystal McCoy, Listing Office: Keller Williams Experience Realty Paducah Branch
Is 42055, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 42055 was a Seller's Market.
Key Takeaway
42055 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 42055, KY
How much do homes in 42055, KY cost?
Median Sold Price
$650,000
$289/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$402,000(+162.1%)
Key Takeaway
Homes in 42055 have sold for 162.1% more than they did a month ago.
Summary: The median home sold price in 42055 was $650,000 in November 2024, up 162.1% from last month, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $248K | - | N/A |
| 3 Bedrooms | $112.5K | - | N/A |
| 4 Bedrooms | $600K | $650K | +8.3% |
| 5+ Bedrooms | $300K | - | N/A |
Summary: 42055 housing prices by bedroom type for November 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 did not change, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 42055 | $248K | $650K | +162.1% |
| 42038 | $240.1K | $335K | +39.5% |
Housing Supply in 42055, KY
How many homes are available in 42055, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Summary: The 42055 real estate market had 11 homes for sale in November 2024, a 31.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 42055 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 42055, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 42055 in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 42055, KY
We’re sorry, we don't have information for this market at the moment
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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