$22,000
2.00 Acres
Land
Melinda Watson, Listing Office: Keller Williams Experience Realty Paducah Branch
Is Ballard County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ballard County has remained a Neutral Market.
Key Takeaway
Ballard County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ballard County, KY
How much do homes in Ballard County, KY cost?
Median Sold Price
$105,300
$81/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$30,700(-22.6%)
Key Takeaway
Homes in Ballard County have sold for 22.6% less than they did a year ago.
Summary: The median home sold price in Ballard County was $105,300 in November 2024, down 22.6% from last year, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40.6K | N/A |
| 2 Bedrooms | $129.9K | $73K | -43.8% |
| 3 Bedrooms | $135.5K | $120.5K | -11.1% |
| 4 Bedrooms | $150K | $215K | +43.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ballard County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.8%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 43.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| McCracken County | $215.5K | $213.7K | -0.8% |
| Ballard County | $136K | $105.3K | -22.6% |
Housing Supply in Ballard County, KY
How many homes are available in Ballard County, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Summary: The Ballard County real estate market had 19 homes for sale in November 2024, a 17.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ballard County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ballard County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Ballard County in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Ballard County, KY
We’re sorry, we don't have information for this market at the moment
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.