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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Henry County, KY

How much do homes in Henry County, KY cost?

Median Sold Price

$260,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,000(+17.1%)

Key Takeaway

Homes in Henry County have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Henry County was $260,000 in October 2024, up 17.1% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $28K$170K
+507.1%
2 $158.5K$174.5K
+10.1%
3 $219.4K$245K
+11.6%
4 $279.9K$329K
+17.5%
5+ $370K$505K
+36.5%

Summary: Henry County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 507.1%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 36.5%.

Median Sold Price Compared To Nearby Counties

Carroll County
+19.7%
Henry County
+17.1%
Trimble County
+3.3%
Franklin County
+2.1%

Housing Supply in Henry County, KY

How many homes are available in Henry County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6659-10.6%

Summary: The Henry County real estate market had 59 homes for sale in October 2024, a 10.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 74
-42.9%
3 3733
-10.8%
4 1818
0.0%
5+ 43
-25.0%

Summary: The Henry County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Henry County in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.

Days on Market for Henry County, KY

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Henry County has remained consistent over time.

Summary: During October 2024, 11 homes were sold in Henry County; 0% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Henry County, KY

Nearby Markets to Henry County, KY

What housing markets are near Henry County, KY?