Is 42445, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42445 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 42445 was a Neutral Market.

Key Takeaway

42445 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 42445, KY

How much do homes in 42445, KY cost?

Median Sold Price

$215,000

$139/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$40,500(+23.2%)

Key Takeaway

Homes in 42445 have sold for 23.2% more than they did a month ago.

Summary: The median home sold price in 42445 was $215,000 in October 2024, up 23.2% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$136K
N/A
3 $174.5K$255K
+46.1%
4 --
N/A
5+ --
N/A

Summary: 42445 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 46.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

42445
+23.2%
42038
-55.5%

Housing Supply in 42445, KY

How many homes are available in 42445, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2625-3.8%

Summary: The 42445 real estate market had 25 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1613
-18.8%
4 57
+40.0%
5+ 00
0.0%

Summary: The 42445 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 18.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 42445, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 42445 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 42445, 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 42445, KY

Nearby Markets to 42445, KY