Is Boyle County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boyle County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Boyle County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Boyle County, KY

How much do homes in Boyle County, KY cost?

Median Sold Price

$250,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+13.6%)

Key Takeaway

Homes in Boyle County have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Boyle County was $250,000 in October 2024, up 13.6% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$250K
N/A
2 $155K$163.9K
+5.8%
3 $205K$245K
+19.5%
4 $320K$299.5K
-6.4%
5+ $431.5K$507.5K
+17.6%

Summary: Boyle County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 19.5%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Counties

Boyle County
+13.6%
Mercer County
+3.3%
Casey County
+2.8%
Lincoln County
-0.3%
Garrard County
-1.8%

Housing Supply in Boyle County, KY

How many homes are available in Boyle County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
150161+7.3%

Summary: The Boyle County real estate market had 161 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1918
-5.3%
3 7986
+8.9%
4 4043
+7.5%
5+ 1213
+8.3%

Summary: The Boyle County 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 decreased by 5.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2630+15.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boyle County, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Boyle County in October 2024, up by 15.4% month-over-month. Of the 30 sold homes, 57% were sold under asking, 37% were sold at asking, and 7% were sold over asking.

Days on Market for Boyle County, KY

How long does it take to sell a home in Boyle County, KY?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days43 Days+7.7%

Summary: Homes in Boyle County had an average of 43 days on market in Oct 2024, up by 7.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 30 homes were sold in Boyle County; 53% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% 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 20 Days Ago

Newest Listings in Boyle County, KY

Nearby Markets to Boyle County, KY

What housing markets are near Boyle County, KY?