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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emmalena is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Emmalena, KY

How much do homes in Emmalena, KY cost?

Median Sold Price

$252,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$52,000(+26.0%)

Key Takeaway

Homes in Emmalena have sold for 26% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $200K$252K
+26.0%
4 --
N/A
5+ --
N/A

Summary: Emmalena 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 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Emmalena, KY

How many homes are available in Emmalena, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The Emmalena real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

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

Summary: The Emmalena 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Emmalena, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Emmalena in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Emmalena, KY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
202 Days17 Days-91.6%

Summary: Homes in Emmalena had an average of 17 days on market in Oct 2024, down by 91.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Emmalena; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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