Is Harrodsburg, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrodsburg is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Harrodsburg has remained a Seller's Market.

Key Takeaway

Harrodsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harrodsburg, KY

How much do homes in Harrodsburg, KY cost?

Median Sold Price

$234,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,050(+1.8%)

Key Takeaway

Homes in Harrodsburg have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Harrodsburg was $234,000 in November 2024, up 1.8% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $126K$190K
+50.8%
2 $122K$140K
+14.8%
3 $229.4K$239K
+4.2%
4 $323K$299.5K
-7.3%
5+ $483.4K$329K
-31.9%

Summary: Harrodsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.8%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 31.9%.

Housing Supply in Harrodsburg, KY

How many homes are available in Harrodsburg, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120121+0.8%

Summary: The Harrodsburg real estate market had 121 homes for sale in November 2024, a 0.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1516
+6.7%
3 7677
+1.3%
4 2118
-14.3%
5+ 810
+25.0%

Summary: The Harrodsburg 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 6.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1528+86.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrodsburg, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Harrodsburg in November 2024, up by 86.7% month-over-month. Of the 28 sold homes, 43% were sold under asking, 32% were sold at asking, and 25% were sold over asking.

Days on Market for Harrodsburg, KY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days44 Days-5.1%

Summary: Homes in Harrodsburg had an average of 44 days on market in Nov 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harrodsburg has remained consistent over time.

Summary: During November 2024, 28 homes were sold in Harrodsburg; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% 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 17 Days Ago

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