Is Berry West, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berry West is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Berry West was a Neutral Market.

Key Takeaway

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

Housing Prices in Berry West, KY

How much do homes in Berry West, KY cost?

Median Sold Price

$122,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

-$257,000(-67.8%)

Key Takeaway

Homes in Berry West have sold for 67.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$122K
N/A
3 $379K-
N/A
4 --
N/A
5+ --
N/A

Summary: Berry West housing prices by bedroom type for December 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Berry West, KY

How many homes are available in Berry West, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1312-7.7%

Summary: The Berry West real estate market had 12 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 87
-12.5%
4 00
0.0%
5+ 11
0.0%

Summary: The Berry West housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 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 Berry West, 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 Berry West in December 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 Berry West, KY

How long does it take to sell a home in Berry West, KY?

Average Sale Time

Nov 2024Dec 2024CHANGE
41 Days36 Days-13.3%

Summary: Homes in Berry West had an average of 36 days on market in Dec 2024, down by 13.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Berry West has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Berry West; 0% of homes were sold within 30 days, 100% 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 5 Days Ago

Newest Listings in Berry West, KY

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