Is Estill County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estill County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Estill County was a Seller's Market.

Key Takeaway

Estill County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Estill County, KY

How much do homes in Estill County, KY cost?

Median Sold Price

$160,000

$31/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+3.2%)

Key Takeaway

Homes in Estill County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Estill County was $160,000 in October 2024, up 3.2% from last year, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $89.5K$61K
-31.8%
2 $108K$111.4K
+3.2%
3 $157.4K$160K
+1.6%
4 $190K$213K
+12.1%
5+ $200K$196.5K
-1.8%

Summary: Estill County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Counties

Lee County
+25.0%
Powell County
+9.7%
Madison County
+8.1%
Clark County
+4.1%
Estill County
+3.2%

Housing Supply in Estill County, KY

How many homes are available in Estill County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
49490.0%

Summary: The Estill County real estate market had 49 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1313
0.0%
3 1918
-5.3%
4 1212
0.0%
5+ 34
+33.3%

Summary: The Estill 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 remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estill County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Estill County in October 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Estill County, KY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days84 Days+606.0%

Summary: Homes in Estill County had an average of 84 days on market in Oct 2024, up by 606% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Estill County; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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 4 Days Ago

Newest Listings in Estill County, KY

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