Is 42633, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42633 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 42633 was a Neutral Market.

Key Takeaway

42633 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 42633, KY

How much do homes in 42633, KY cost?

Median Sold Price

$185,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$21,000(-10.2%)

Key Takeaway

Homes in 42633 have sold for 10.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $287.4K$185K
-35.6%
4 $304.9K$243.5K
-20.2%
5+ $206K-
N/A

Summary: 42633 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 decreased by 35.6%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

42633
-10.2%
42602
-19.0%

Housing Supply in 42633, KY

How many homes are available in 42633, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4439-11.4%

Summary: The 42633 real estate market had 39 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1916
-15.8%
4 1412
-14.3%
5+ 55
0.0%

Summary: The 42633 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 remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

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 42633, 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 42633 in November 2024, down by 57.1% 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 42633, KY

How long does it take to sell a home in 42633, KY?

Average Sale Time

Oct 2024Nov 2024CHANGE
86 Days39 Days-54.4%

Summary: Homes in 42633 had an average of 39 days on market in Nov 2024, down by 54.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 42633 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 42633; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 42633, KY

Nearby Markets to 42633, KY