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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrodsburg is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Harrodsburg, KY

How much do homes in Harrodsburg, KY cost?

Median Sold Price

$232,333

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,108(+1.4%)

Key Takeaway

Homes in Harrodsburg have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Harrodsburg was $232,333 in October 2024, up 1.4% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $126K$190K
+50.8%
2 $122K$139.9K
+14.7%
3 $229K$235.5K
+2.9%
4 $345K$268.7K
-22.1%
5+ $472.4K$387.5K
-18.0%

Summary: Harrodsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.8%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes decreased by 18%.

Housing Supply in Harrodsburg, KY

How many homes are available in Harrodsburg, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106118+11.3%

Summary: The Harrodsburg real estate market had 118 homes for sale in October 2024, a 11.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 5971
+20.3%
4 2724
-11.1%
5+ 68
+33.3%

Summary: The Harrodsburg 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 7.1%, 3 bedroom homes increased by 20.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1915-21.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Harrodsburg in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
20 Days43 Days+114.8%

Summary: Homes in Harrodsburg had an average of 43 days on market in Oct 2024, up by 114.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Harrodsburg; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% 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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