Is 42726, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42726 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 42726 was a Seller's Market.

Key Takeaway

42726 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 42726, KY

How much do homes in 42726, KY cost?

Median Sold Price

$258,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,100(+7.5%)

Key Takeaway

Homes in 42726 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 42726 was $258,000 in October 2024, up 7.5% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $79.9K$131K
+63.9%
2 $196.7K$205K
+4.2%
3 $230.5K$258.9K
+12.3%
4 $372K$443.7K
+19.3%
5+ $732.5K$366K
-50.0%

Summary: 42726 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.9%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 50%.

Median Sold Price Compared To Nearby Zip Codes

42754
+14.6%
42726
+7.5%

Housing Supply in 42726, KY

How many homes are available in 42726, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The 42726 real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 66
0.0%
3 1111
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The 42726 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 increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 42726, 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 42726 in October 2024, down by 50.0% month-over-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 42726, 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 42726, KY

Nearby Markets to 42726, KY