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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Falls Of Rough was a Neutral Market.

Key Takeaway

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

Housing Prices in Falls Of Rough, KY

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

Median Sold Price

$175,000

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$2,000(-1.1%)

Key Takeaway

Homes in Falls Of Rough have sold for 1.1% less than they did a month ago.

Summary: The median home sold price in Falls Of Rough was $175,000 in October 2024, down 1.1% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$54K
N/A
2 $177K$115K
-35.0%
3 -$245K
N/A
4 -$225K
N/A
5+ --
N/A

Summary: Falls Of Rough 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 decreased by 35%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Falls Of Rough
-1.1%
Short Creek
-29.4%
McDaniels-Hudson
-60.9%

Housing Supply in Falls Of Rough, KY

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Falls Of Rough real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 42
-50.0%
3 34
+33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Falls Of Rough 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 decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Falls Of Rough in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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 22 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?