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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Clark County, KY

How much do homes in Clark County, KY cost?

Median Sold Price

$240,445

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,545(+4.1%)

Key Takeaway

Homes in Clark County have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Clark County was $240,445 in October 2024, up 4.1% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $173.8K$165K
-5.1%
2 $150K$164.5K
+9.7%
3 $227.7K$225K
-1.2%
4 $283.5K$303.1K
+6.9%
5+ $329.9K$405K
+22.8%

Summary: Clark County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 22.8%.

Median Sold Price Compared To Nearby Counties

Powell County
+9.7%
Fayette County
+4.8%
Clark County
+4.1%
Estill County
+3.2%
Montgomery County
+0.6%

Housing Supply in Clark County, KY

How many homes are available in Clark County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128138+7.8%

Summary: The Clark County real estate market had 138 homes for sale in October 2024, a 7.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1112
+9.1%
3 6272
+16.1%
4 4139
-4.9%
5+ 1213
+8.3%

Summary: The Clark County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2827-3.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were 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. 59.3% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Clark County in October 2024, down by 3.6% month-over-month. Of the 27 sold homes, 59% were sold under asking, 33% were sold at asking, and 7% 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

Oct 2023Oct 2024CHANGE
34 Days26 Days-23.3%

Summary: Homes in Clark County had an average of 26 days on market in Oct 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 27 homes were sold in Clark County; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% 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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