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 Last Month

Last month, 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

$199,700

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$700(+0.4%)

Key Takeaway

The sold price of homes in Fleming County has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$156K
N/A
3 $199K$176.7K
-11.2%
4 --
N/A
5+ -$489K
N/A

Summary: Fleming County 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 did not change, 3 bedroom homes decreased by 11.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Fleming County, KY

How many homes are available in Fleming County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3547+34.3%

Summary: The Fleming County real estate market had 47 homes for sale in October 2024, a 34.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 1920
+5.3%
4 510
+100.0%
5+ 610
+66.7%

Summary: The Fleming County 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 increased by 50%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

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

Summary: A total of 6 homes were sold or pending in Fleming County in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% 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

Sep 2024Oct 2024CHANGE
73 Days41 Days-42.9%

Summary: Homes in Fleming County had an average of 41 days on market in Oct 2024, down by 42.9% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fleming County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Fleming County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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?