Is Blue Ridge Manor, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Ridge Manor is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Blue Ridge Manor has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blue Ridge Manor, KY

How much do homes in Blue Ridge Manor, KY cost?

Median Sold Price

$250,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+17.6%)

Key Takeaway

Homes in Blue Ridge Manor have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in Blue Ridge Manor was $250,000 in November 2024, up 17.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172K-
N/A
2 $195K$225K
+15.4%
3 $337K$250K
-25.8%
4 $284.5K$360K
+26.5%
5+ $315K$345K
+9.5%

Summary: Blue Ridge Manor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Blue Ridge Manor
+17.6%
Douglass Hills
+7.1%
Jeffersontown
+3.8%
Southeast Jefferson
+3.8%

Housing Supply in Blue Ridge Manor, KY

How many homes are available in Blue Ridge Manor, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The Blue Ridge Manor real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 22
0.0%
4 10
-100.0%
5+ 22
0.0%

Summary: The Blue Ridge Manor 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Ridge Manor, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Blue Ridge Manor in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Blue Ridge Manor, 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 22 Days Ago

Newest Listings in Blue Ridge Manor, KY

Nearby Markets to Blue Ridge Manor, KY

What housing markets are near Blue Ridge Manor, KY?