Is 42724, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42724 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 42724 has remained a Buyer's Market.

Key Takeaway

42724 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 42724, KY

How much do homes in 42724, KY cost?

Median Sold Price

$243,619

$181/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$189,229(+347.9%)

Key Takeaway

Homes in 42724 have sold for 347.9% more than they did a month ago.

Summary: The median home sold price in 42724 was $243,619 in October 2024, up 347.9% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$243.6K
N/A
4 $54.3K-
N/A
5+ --
N/A

Summary: 42724 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

42724
+347.9%
42732
+85.6%
42740
-66.5%

Housing Supply in 42724, KY

How many homes are available in 42724, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The 42724 real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 33
0.0%
5+ 44
0.0%

Summary: The 42724 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 42724, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 42724 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 42724, 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 15 Days Ago

Newest Listings in 42724, KY

Nearby Markets to 42724, KY