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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elizabethtown is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Elizabethtown, KY

How much do homes in Elizabethtown, KY cost?

Median Sold Price

$315,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,255(+7.6%)

Key Takeaway

Homes in Elizabethtown have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Elizabethtown was $315,000 in October 2024, up 7.6% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $74.2K$107.5K
+44.9%
2 $188.8K$187.5K
-0.7%
3 $252K$281.3K
+11.6%
4 $327.7K$339.2K
+3.5%
5+ $447.5K$369.9K
-17.3%

Summary: Elizabethtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.9%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 17.3%.

Median Sold Price Compared To Nearby Cities

Elizabethtown
+7.6%
Radcliff
+3.1%

Housing Supply in Elizabethtown, KY

How many homes are available in Elizabethtown, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116131+12.9%

Summary: The Elizabethtown real estate market had 131 homes for sale in October 2024, a 12.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 7384
+15.1%
4 3129
-6.5%
5+ 812
+50.0%

Summary: The Elizabethtown 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 50%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2029+45.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elizabethtown, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Elizabethtown in October 2024, up by 45.0% month-over-month. Of the 29 sold homes, 55% were sold under asking, 34% were sold at asking, and 10% were sold over asking.

Days on Market for Elizabethtown, KY

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

Breakdown of Home Sale Times

2 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

Avg time on Rocket Homes in Elizabethtown has remained consistent over time.

Summary: During October 2024, 29 homes were sold in Elizabethtown; 7% of homes were sold within 30 days, 10% 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

Newest Listings in Elizabethtown, KY

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