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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brodhead is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Brodhead, KY

How much do homes in Brodhead, KY cost?

Median Sold Price

$170,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,000(+6.9%)

Key Takeaway

Homes in Brodhead have sold for 6.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $127.5K$93K
-27.1%
3 $159.5K$186.9K
+17.2%
4 $185.9K-
N/A
5+ --
N/A

Summary: Brodhead 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 decreased by 27.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brodhead, KY

How many homes are available in Brodhead, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Brodhead real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 66
0.0%
4 11
0.0%
5+ 44
0.0%

Summary: The Brodhead 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brodhead, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Brodhead in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Brodhead, KY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days53 Days+114.4%

Summary: Homes in Brodhead had an average of 53 days on market in Nov 2024, up by 114.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brodhead has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Brodhead; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

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