Is Fleming County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fleming County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Fleming County was a Seller's Market.

Key Takeaway

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

Housing Prices in Fleming County, KY

How much do homes in Fleming County, KY cost?

Median Sold Price

$189,900

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,900(+18.0%)

Key Takeaway

Homes in Fleming County have sold for 18% more than they did a year ago.

Summary: The median home sold price in Fleming County was $189,900 in November 2024, up 18% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $141.5K$189.9K
+34.2%
2 $130K$164.7K
+26.7%
3 $164.5K$187.5K
+14.0%
4 $157K$192.5K
+22.6%
5+ $269K$489K
+81.8%

Summary: Fleming County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.2%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 81.8%.

Median Sold Price Compared To Nearby Counties

Fleming County
+18.0%
Bath County
+10.0%
Rowan County
-8.0%

Housing Supply in Fleming County, KY

How many homes are available in Fleming County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4143+4.9%

Summary: The Fleming County real estate market had 43 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 1718
+5.9%
4 78
+14.3%
5+ 1112
+9.1%

Summary: The Fleming County 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 decreased by 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

5 Homes Were 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 Fleming County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Fleming County in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fleming County, KY

How long does it take to sell a home in Fleming County, KY?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days116 Days+485.2%

Summary: Homes in Fleming County had an average of 116 days on market in Nov 2024, up by 485.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Fleming County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in Fleming County; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Fleming County, KY

Nearby Markets to Fleming County, KY

What housing markets are near Fleming County, KY?