Is 42539, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42539 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 42539 has remained a Buyer's Market.

Key Takeaway

42539 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 42539, KY

How much do homes in 42539, KY cost?

Median Sold Price

$224,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$41,000(+22.4%)

Key Takeaway

Homes in 42539 have sold for 22.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $266K-
N/A
3 $100K$193K
+93.0%
4 --
N/A
5+ -$255K
N/A

Summary: 42539 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 93%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 42539, KY

How many homes are available in 42539, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21210.0%

Summary: The 42539 real estate market had 21 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 21
-50.0%
3 1111
0.0%
4 22
0.0%
5+ 33
0.0%

Summary: The 42539 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 42539, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 42539 in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 42539, KY

How long does it take to sell a home in 42539, KY?

Average Sale Time

Oct 2024Nov 2024CHANGE
103 Days106 Days+2.9%

Summary: Homes in 42539 had an average of 106 days on market in Nov 2024, up by 2.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 42539 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 42539; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 42539, KY

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