Is Hickory-Lowes, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory-Lowes is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hickory-Lowes has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hickory-Lowes, KY

How much do homes in Hickory-Lowes, KY cost?

Median Sold Price

$170,000

$87/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$100,000(-37.0%)

Key Takeaway

Homes in Hickory-Lowes have sold for 37% less than they did a month ago.

Summary: The median home sold price in Hickory-Lowes was $170,000 in November 2024, down 37% from last month, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $301.8K$161K
-46.7%
4 $270K$170K
-37.0%
5+ -$299K
N/A

Summary: Hickory-Lowes 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 decreased by 46.7%, 4 bedroom homes decreased by 37%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Symsonia
+5.8%
Fancy Farm
-20.2%
Hickory
-35.2%
Hickory-Lowes
-37.0%

Housing Supply in Hickory-Lowes, KY

How many homes are available in Hickory-Lowes, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117-36.4%

Summary: The Hickory-Lowes real estate market had 7 homes for sale in November 2024, a 36.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 53
-40.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The Hickory-Lowes 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 40%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hickory-Lowes, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hickory-Lowes in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Hickory-Lowes, 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 18 Days Ago

Newest Listings in Hickory-Lowes, KY

Nearby Markets to Hickory-Lowes, KY