Is 42519, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42519 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 42519 has remained a Buyer's Market.

Key Takeaway

42519 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 42519, KY

How much do homes in 42519, KY cost?

Median Sold Price

$241,250

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$56,250(+30.4%)

Key Takeaway

Homes in 42519 have sold for 30.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$316K
N/A
3 $133K$374.2K
+181.4%
4 $185K$166.5K
-10.0%
5+ --
N/A

Summary: 42519 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 increased by 181.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.

Housing Supply in 42519, KY

How many homes are available in 42519, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2831+10.7%

Summary: The 42519 real estate market had 31 homes for sale in November 2024, a 10.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1417
+21.4%
4 32
-33.3%
5+ 55
0.0%

Summary: The 42519 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 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 42519, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 42519 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 42519, KY

How long does it take to sell a home in 42519, KY?

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days73 Days+212.9%

Summary: Homes in 42519 had an average of 73 days on market in Nov 2024, up by 212.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 42519 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 42519; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in 42519, KY

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