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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gallatin County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Gallatin County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Gallatin County, KY

How much do homes in Gallatin County, KY cost?

Median Sold Price

$479,900

$146/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$409,900(+585.6%)

Key Takeaway

Homes in Gallatin County have sold for 585.6% more than they did a month ago.

Summary: The median home sold price in Gallatin County was $479,900 in November 2024, up 585.6% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $70K-
N/A
4 -$479.9K
N/A
5+ --
N/A

Summary: Gallatin County 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gallatin County, KY

How many homes are available in Gallatin County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Gallatin County real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 86
-25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Gallatin 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 remained the same, 3 bedroom homes decreased by 25%, 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

0 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 Gallatin County, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Gallatin County in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Gallatin County, 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 21 Days Ago

Newest Listings in Gallatin County, KY

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What housing markets are near Gallatin County, KY?