Is Boaz, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boaz is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Boaz has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Boaz, KY

How much do homes in Boaz, KY cost?

Median Sold Price

$185,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$36,000(+24.2%)

Key Takeaway

Homes in Boaz have sold for 24.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $149K$185K
+24.2%
5+ --
N/A

Summary: Boaz 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 increased by 24.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hickory-Lowes
+429.4%
Boaz
+24.2%
Saint Johns-Freemont
-48.8%

Housing Supply in Boaz, KY

How many homes are available in Boaz, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The Boaz real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Boaz 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

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 Boaz, 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 Boaz in December 2024, the same as the previous 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 Boaz, KY

How long does it take to sell a home in Boaz, 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boaz are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Boaz; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Boaz, KY

Nearby Markets to Boaz, KY