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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Clark County, KY

How much do homes in Clark County, KY cost?

Median Sold Price

$238,312

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$812(+0.3%)

Key Takeaway

The sold price of homes in Clark County has remained the same since last year.

Summary: The median home sold price in Clark County was $238,312 in November 2024, up 0.3% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $173.8K$136.7K
-21.4%
2 $150K$165K
+10.0%
3 $233.2K$225K
-3.5%
4 $299.9K$298K
-0.6%
5+ $350K$300K
-14.3%

Summary: Clark County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Counties

Powell County
+8.0%
Fayette County
+4.7%
Estill County
+3.2%
Clark County
0.3%
Montgomery County
-0.9%

Housing Supply in Clark County, KY

How many homes are available in Clark County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
130136+4.6%

Summary: The Clark County real estate market had 136 homes for sale in November 2024, a 4.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1218
+50.0%
3 7072
+2.9%
4 3433
-2.9%
5+ 1212
0.0%

Summary: The Clark County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3013-56.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark County, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Clark County in November 2024, down by 56.7% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.

Days on Market for Clark County, KY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days23 Days-60.8%

Summary: Homes in Clark County had an average of 23 days on market in Nov 2024, down by 60.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Clark County; 69% of homes were sold within 30 days, 23% 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 20 Days Ago

Newest Listings in Clark County, KY

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