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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crofton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Crofton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Crofton, KY

How much do homes in Crofton, KY cost?

Median Sold Price

$290,000

$176/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$128,850(+80.0%)

Key Takeaway

Homes in Crofton have sold for 80% more than they did a month ago.

Summary: The median home sold price in Crofton was $290,000 in October 2024, up 80% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $179.3K$225K
+25.5%
4 $143K$487.5K
+240.9%
5+ --
N/A

Summary: Crofton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 240.9%, and 5+ bedroom homes did not change.

Housing Supply in Crofton, KY

How many homes are available in Crofton, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The Crofton real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Crofton 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crofton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Crofton in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Crofton, KY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days23 Days-52.7%

Summary: Homes in Crofton had an average of 23 days on market in Oct 2024, down by 52.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Crofton; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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