$4,453 Closing Credit*
$375,000
1,904 SqFt
3 Beds
•2 Full Baths
Tonja West, Listing Office: Home Front Real Estate
Is 42217, 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, 42217 was a Neutral Market.
Key Takeaway
42217 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 42217, KY
How much do homes in 42217, KY cost?
Median Sold Price
$290,000
$176/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$128,850(+80.0%)
Key Takeaway
Homes in 42217 have sold for 80% more than they did a month ago.
Summary: The median home sold price in 42217 was $290,000 in October 2024, up 80% from last month, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $179.3K | $225K | +25.5% |
| 4 Bedrooms | $143K | $487.5K | +240.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 42217 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 25.5%, 4 bedroom homes increased by 240.9%, and 5+ bedroom homes did not change.
Housing Supply in 42217, KY
How many homes are available in 42217, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The 42217 real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 42217 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 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 42217, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 42217 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 42217, KY
How long does it take to sell a home in 42217, KY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 23 Days | -52.7% |
Summary: Homes in 42217 had an average of 23 days on market in Oct 2024, down by 52.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 42217 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 42217; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.