Is Fancy Farm, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fancy Farm is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Fancy Farm, KY

How much do homes in Fancy Farm, KY cost?

Median Sold Price

$180,000

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$163,750(-47.6%)

Key Takeaway

Homes in Fancy Farm have sold for 47.6% less than they did a month ago.

Summary: The median home sold price in Fancy Farm was $180,000 in November 2024, down 47.6% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $343.7K$180K
-47.6%
4 --
N/A
5+ --
N/A

Summary: Fancy Farm housing prices by bedroom type for November 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 decreased by 47.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fancy Farm
-20.2%
Hickory-Lowes
-37.0%
Fancy Farm
-47.6%

Housing Supply in Fancy Farm, KY

How many homes are available in Fancy Farm, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Fancy Farm real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Fancy Farm housing inventory by bedroom type for November 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 Fancy Farm, 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 Fancy Farm in November 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 Fancy Farm, 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 Fancy Farm, KY

Nearby Markets to Fancy Farm, KY