Is Falls Of Rough, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Falls Of Rough is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Falls Of Rough was a Seller's Market.

Key Takeaway

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

Housing Prices in Falls Of Rough, KY

How much do homes in Falls Of Rough, KY cost?

Median Sold Price

$215,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$70,000(-24.6%)

Key Takeaway

Homes in Falls Of Rough have sold for 24.6% less than they did a year ago.

Summary: The median home sold price in Falls Of Rough was $215,000 in December 2024, down 24.6% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $425K$54K
-87.3%
2 $215K$129K
-40.0%
3 $275K$220K
-20.0%
4 $420K$449.9K
+7.1%
5+ --
N/A

Summary: Falls Of Rough housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 87.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Housing Supply in Falls Of Rough, KY

How many homes are available in Falls Of Rough, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
89+12.5%

Summary: The Falls Of Rough real estate market had 9 homes for sale in December 2024, a 12.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Falls Of Rough housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
01+100.0%

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 Falls Of Rough, 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 Falls Of Rough in December 2024, up by 100.0% month-over-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 Falls Of Rough, 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 7 Days Ago

Newest Listings in Falls Of Rough, KY

Nearby Markets to Falls Of Rough, KY

What housing markets are near Falls Of Rough, KY?