$3,158 Closing Credit*
$265,900
1,414 SqFt
2 Beds
•2 Full Baths
Listing Office: Coldwell Banker McMahan
Is Fern Creek, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$259,216
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$9,316(+3.7%)
Key Takeaway
Homes in Fern Creek have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Fern Creek was $259,216 in August 2024, up 3.7% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $200K | $232K | +16.0% |
| 3 Bedrooms | $250K | $259K | +3.6% |
| 4 Bedrooms | $269K | $284.4K | +5.7% |
| 5+ Bedrooms | $248.2K | $365K | +47.0% |
Summary: Fern Creek housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 47%.
Housing Supply in Fern Creek, KY
How many homes are available in Fern Creek, KY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 65 | 65 | 0.0% |
Summary: The Fern Creek real estate market had 65 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 42 | 36 | -14.3% |
| 4 Bedrooms | 10 | 17 | +70.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Fern Creek housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fern Creek, expect to pay close to the asking price. 36% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Fern Creek in August 2024, up by 13.6% month-over-month. Of the 25 sold homes, 32% were sold under asking, 36% were sold at asking, and 32% 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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