Darren Ramey, Listing Office: Farless Realty
42408 Housing Market Report December 2024•Hopkins County, Kentucky
Housing Prices in 42408, KY
How much do homes in 42408, KY cost?
Housing Market Conditions
Is 42408, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
42408 is a Seller's Market
Difference Since November 2024
Last month, 42408 has remained a Seller's Market.
42408 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in 42408 have sold for 72.9% less than they did a month ago.
Summary: The median home sold price in 42408 was $97,500 in December 2024, down 72.9% from last month, and the median price per square foot was $53.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
42445 | $245K | $128K | -47.8% |
42408 | $360K | $97.5K | -72.9% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | - | - | N/A |
44 Bedrooms | $360K | $155K | -56.9% |
55+ Bedrooms | - | $40K | N/A |
Summary: 42408 housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -56.9%. The home price for 5 bedroom homes did not change.
Housing supply in 42408, KY
How many homes are available in 42408, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthDec 2024 | ||
42 months agoNov 2024 | -25.0 % Change MoMNov – Dec |
Summary: The 42408 real estate market had 3 homes for sale in Dec 2024, a 25.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
12 months agoNov 2024 | +100.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 0 | 0.0% |
33 Bedrooms | 1 | 1 | 0.0% |
44 Bedrooms | 2 | 1 | -50.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 42408 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 42408, KY cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in 42408, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 42408 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 42408, KY
How long does it take to sell a home in 42408, KY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in 42408 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 42408; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
40 DaysLast MonthDec 2024 | ||
0 Days1 month agoNov 2024 | +100.0 % Change MoMNov – Dec |
Summary: Homes in 42408 had an average listing age of 40 days in Dec 2024, up by 100.0% compared to the previous month.
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Newest Listings in 42408, KY
What homes are available in 42408, KY?
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MLS Disclaimers and Copyright
Based on information from Western Kentucky Regional MLS, for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.