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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bronston is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bronston was a Seller's Market.

Key Takeaway

Bronston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bronston, KY

How much do homes in Bronston, KY cost?

Median Sold Price

$265,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+1.9%)

Key Takeaway

Homes in Bronston have sold for 1.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K-
N/A
2 $247.5K$235K
-5.1%
3 $276.2K$275K
-0.5%
4 $290K$362.5K
+25.0%
5+ $490.7K$479K
-2.4%

Summary: Bronston 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 5.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Mill Springs
+18.4%
Bronston
+1.9%
Burnside
-2.6%

Housing Supply in Bronston, KY

How many homes are available in Bronston, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3945+15.4%

Summary: The Bronston real estate market had 45 homes for sale in November 2024, a 15.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 2023
+15.0%
4 22
0.0%
5+ 45
+25.0%

Summary: The Bronston 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 15.4%, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

6 Homes Were 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 Bronston, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bronston in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bronston, KY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
101 Days112 Days+10.6%

Summary: Homes in Bronston had an average of 112 days on market in Nov 2024, up by 10.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bronston are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 6 homes were sold in Bronston; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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 Bronston, KY

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