Is Bath County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bath County is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Bath County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Bath County, KY

How much do homes in Bath County, KY cost?

Median Sold Price

$165,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+10.0%)

Key Takeaway

Homes in Bath County have sold for 10% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$84.3K
N/A
2 $132.5K$162.4K
+22.6%
3 $151K$168.9K
+11.9%
4 $178K$125K
-29.8%
5+ $190K$479K
+152.1%

Summary: Bath 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 increased by 22.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes increased by 152.1%.

Median Sold Price Compared To Nearby Counties

Fleming County
+18.0%
Bath County
+10.0%
Menifee County
+4.2%
Montgomery County
-0.9%
Rowan County
-8.0%

Housing Supply in Bath County, KY

How many homes are available in Bath County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4047+17.5%

Summary: The Bath County real estate market had 47 homes for sale in November 2024, a 17.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 2124
+14.3%
4 88
0.0%
5+ 14
+300.0%

Summary: The Bath County 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 increased by 10%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bath County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bath County in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Bath County, KY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days56 Days+82.3%

Summary: Homes in Bath County had an average of 56 days on market in Nov 2024, up by 82.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bath County has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Bath County; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Bath County, KY

Nearby Markets to Bath County, KY

What housing markets are near Bath County, KY?