$4,809 Closing Credit*
$405,000
1,922 SqFt
3 Beds
•3 Full Baths
Listing Office: Demaree & Hubbard
Is Bloomfield, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$255,975
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,975(+15.3%)
Key Takeaway
Homes in Bloomfield have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Bloomfield was $255,975 in October 2024, up 15.3% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $290K | +41.5% |
| 2 Bedrooms | $220.3K | $187K | -15.1% |
| 3 Bedrooms | $209.9K | $255.9K | +22.0% |
| 4 Bedrooms | $260K | $287.6K | +10.6% |
| 5+ Bedrooms | $500K | $650K | +30.0% |
Summary: Bloomfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 30%.
Housing Supply in Bloomfield, KY
How many homes are available in Bloomfield, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Bloomfield real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bloomfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bloomfield in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Bloomfield, KY
We’re sorry, we don't have information for this market at the moment
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.