$4,750 Closing Credit*
$400,000
1,744 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Properties East
Is Fern Creek, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fern Creek has remained a Seller's Market.
Key Takeaway
Fern Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fern Creek, KY
How much do homes in Fern Creek, KY cost?
Median Sold Price
$263,675
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,675(+5.5%)
Key Takeaway
Homes in Fern Creek have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Fern Creek was $263,675 in November 2024, up 5.5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $227.5K | $234.5K | +3.1% |
| 3 Bedrooms | $251.8K | $260K | +3.2% |
| 4 Bedrooms | $266.5K | $287.5K | +7.9% |
| 5+ Bedrooms | $270K | $480K | +77.8% |
Summary: Fern Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 77.8%.
Housing Supply in Fern Creek, KY
How many homes are available in Fern Creek, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 68 | +1.5% |
Summary: The Fern Creek real estate market had 68 homes for sale in November 2024, a 1.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 19 | 23 | +21.1% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Fern Creek 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 increased by 10%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fern Creek, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in Fern Creek in November 2024, up by 40.0% month-over-month. Of the 28 sold homes, 32% were sold under asking, 43% were sold at asking, and 25% were sold over asking.
Days on Market for Fern Creek, KY
We’re sorry, we don't have information for this market at the moment
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