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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barbourmeade is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Barbourmeade has remained a Seller's Market.

Key Takeaway

Barbourmeade is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Barbourmeade, KY

How much do homes in Barbourmeade, KY cost?

Median Sold Price

$406,500

$185/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$119,500(-22.7%)

Key Takeaway

Homes in Barbourmeade have sold for 22.7% less than they did a month ago.

Summary: The median home sold price in Barbourmeade was $406,500 in November 2024, down 22.7% from last month, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$388K
N/A
4 $526K$425K
-19.2%
5+ --
N/A

Summary: Barbourmeade 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 did not change, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes did not change.

Housing Supply in Barbourmeade, KY

How many homes are available in Barbourmeade, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Barbourmeade real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Barbourmeade 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Barbourmeade, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Barbourmeade in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Barbourmeade, 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 2 Days Ago

Newest Listings in Barbourmeade, KY