$299,000
51.00 Acres
Land
Listing Office: Knob & Key Realty, LLC
Is Bloomfield, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Bloomfield has remained a Seller's Market.
Key Takeaway
Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomfield, KY
How much do homes in Bloomfield, KY cost?
Median Sold Price
$233,325
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$13,025(+5.9%)
Key Takeaway
Homes in Bloomfield have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Bloomfield was $233,325 in August 2024, up 5.9% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $290K | +41.5% |
| 2 Bedrooms | $235.1K | $181.7K | -22.7% |
| 3 Bedrooms | $209.4K | $246.9K | +17.9% |
| 4 Bedrooms | $322.5K | $307.5K | -4.7% |
| 5+ Bedrooms | $475K | $475K | 0.0% |
Summary: Bloomfield housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.
Housing Supply in Bloomfield, KY
How many homes are available in Bloomfield, KY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The Bloomfield real estate market had 20 homes for sale in August 2024, a 25.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bloomfield housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bloomfield in August 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Bloomfield, KY
How long does it take to sell a home in Bloomfield, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bloomfield are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 5 homes were sold in Bloomfield; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.