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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Estill County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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 November 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 November 2024, up 3.2% from last year, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89.5K$61K
-31.8%
2 $105K$125K
+19.0%
3 $160K$160K
0.0%
4 $205K$214K
+4.4%
5+ $190.9K$210K
+10.0%

Summary: Estill County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 19%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Counties

Madison County
+9.3%
Powell County
+8.0%
Estill County
+3.2%
Clark County
0.3%

Housing Supply in Estill County, KY

How many homes are available in Estill County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4847-2.1%

Summary: The Estill County real estate market had 47 homes for sale in November 2024, a 2.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1312
-7.7%
3 2024
+20.0%
4 108
-20.0%
5+ 32
-33.3%

Summary: The Estill County 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 7.7%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 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 Estill County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Estill County in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
60 Days76 Days+26.5%

Summary: Homes in Estill County had an average of 76 days on market in Nov 2024, up by 26.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Estill County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Estill County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Estill County, KY

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