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 November 2023

At the same time last year, Henry County was a Neutral 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

$264,900

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,950(+19.4%)

Key Takeaway

Homes in Henry County have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Henry County was $264,900 in November 2024, up 19.4% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $28K$170K
+507.1%
2 $158.5K$171.2K
+8.0%
3 $213.9K$260K
+21.6%
4 $284.4K$335K
+17.8%
5+ $370K$490K
+32.4%

Summary: Henry County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 507.1%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 32.4%.

Median Sold Price Compared To Nearby Counties

Henry County
+19.4%
Trimble County
+9.0%
Carroll County
+4.1%
Franklin County
+1.7%

Housing Supply in Henry County, KY

How many homes are available in Henry County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6756-16.4%

Summary: The Henry County real estate market had 56 homes for sale in November 2024, a 16.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 3632
-11.1%
4 2116
-23.8%
5+ 43
-25.0%

Summary: The Henry 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 decreased by 20%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Henry County in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Henry 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 20 Days Ago

Newest Listings in Henry County, KY

Nearby Markets to Henry County, KY

What housing markets are near Henry County, KY?