Is Douglass Hills, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglass Hills is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Douglass Hills, KY

How much do homes in Douglass Hills, KY cost?

Median Sold Price

$383,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,500(+7.1%)

Key Takeaway

Homes in Douglass Hills have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Douglass Hills was $383,000 in November 2024, up 7.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $120K$123.6K
+3.0%
2 $174K$157K
-9.8%
3 $409.1K$413K
+1.0%
4 $410K$425K
+3.7%
5+ $469K$445.2K
-5.1%

Summary: Douglass Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 5.1%.

Median Sold Price Compared To Nearby Cities

Douglass Hills
+7.1%
Jeffersontown
+3.8%
Southeast Jefferson
+3.8%
Middletown
+3.4%
East Jefferson
+1.3%

Housing Supply in Douglass Hills, KY

How many homes are available in Douglass Hills, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2218-18.2%

Summary: The Douglass Hills real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 74
-42.9%
3 910
+11.1%
4 22
0.0%
5+ 00
0.0%

Summary: The Douglass Hills 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 decreased by 42.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglass Hills, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Douglass Hills in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Douglass Hills, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Douglass Hills, KY

Nearby Markets to Douglass Hills, KY

What housing markets are near Douglass Hills, KY?