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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beechmont is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Beechmont has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Beechmont, KY

How much do homes in Beechmont, KY cost?

Median Sold Price

$170,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,050(+4.3%)

Key Takeaway

Homes in Beechmont have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Beechmont was $170,000 in November 2024, up 4.3% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $58K$59.2K
+2.1%
2 $144.3K$150K
+4.0%
3 $189.7K$200K
+5.4%
4 $205.7K$227.5K
+10.6%
5+ $250K$315K
+26.0%

Summary: Beechmont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 26%.

Median Sold Price Compared To Nearby Neighborhoods

Southside
+14.0%
Wyandotte
+12.8%
Iroquois
+7.3%
Beechmont
+4.3%
Hazelwood
0.0%

Housing Supply in Beechmont, KY

How many homes are available in Beechmont, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4045+12.5%

Summary: The Beechmont real estate market had 45 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 1217
+41.7%
3 2019
-5.0%
4 58
+60.0%
5+ 00
0.0%

Summary: The Beechmont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
168-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beechmont, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Beechmont in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Beechmont, 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 Beechmont, KY

Nearby Markets to Beechmont, KY