$2,719 Closing Credit*
$229,000
4 Beds
•2 Full Baths
Listing Office: Weichert Realtors Ford Brothers, Inc.
Is 42567, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 42567 was a Neutral Market.
Key Takeaway
42567 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 42567, KY
How much do homes in 42567, KY cost?
Median Sold Price
$177,500
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,500(+14.5%)
Key Takeaway
Homes in 42567 have sold for 14.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $170K | +112.5% |
| 3 Bedrooms | $148.4K | $175K | +17.9% |
| 4 Bedrooms | $208K | $225K | +8.2% |
| 5+ Bedrooms | - | $298K | N/A |
Summary: 42567 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 112.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 42567 | $155K | $177.5K | +14.5% |
| 42553 | $227.5K | $228.7K | 0.5% |
Housing Supply in 42567, KY
How many homes are available in 42567, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The 42567 real estate market had 14 homes for sale in October 2024, a 27.3% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 42567 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 increased by 14.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 42567, 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 42567 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 42567, KY
How long does it take to sell a home in 42567, KY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 126 Days | 23 Days | -81.7% |
Summary: Homes in 42567 had an average of 23 days on market in Oct 2024, down by 81.7% compared to last year.
Breakdown of Home Sale Times
3 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 42567 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 42567; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.