$1,330 Closing Credit*
$112,000
1,422 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Coldwell Banker Legacy Group
Is Bloomfield, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bloomfield has remained a Buyer's Market.
Key Takeaway
Bloomfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bloomfield, KY
How much do homes in Bloomfield, KY cost?
Median Sold Price
$250,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,000(+12.6%)
Key Takeaway
Homes in Bloomfield have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Bloomfield was $250,000 in November 2024, up 12.6% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $290K | +41.5% |
| 2 Bedrooms | $198.7K | $187K | -5.9% |
| 3 Bedrooms | $209.9K | $250K | +19.1% |
| 4 Bedrooms | $260K | $287.6K | +10.6% |
| 5+ Bedrooms | $500K | $650K | +30.0% |
Summary: Bloomfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 19.1%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The Bloomfield real estate market had 13 homes for sale in November 2024, a 23.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bloomfield 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 100%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield, 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 Bloomfield in November 2024, down by 83.3% 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 Bloomfield, KY
We’re sorry, we don't have information for this market at the moment
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