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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hurstbourne is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hurstbourne, KY

How much do homes in Hurstbourne, KY cost?

Median Sold Price

$505,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,600(+4.7%)

Key Takeaway

Homes in Hurstbourne have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Hurstbourne was $505,000 in November 2024, up 4.7% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $375K$220K
-41.3%
3 $401.7K$438.7K
+9.2%
4 $579.7K$720K
+24.2%
5+ $687.5K$672.5K
-2.2%

Summary: Hurstbourne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Cities

Lyndon
+9.5%
Hurstbourne
+4.7%
Southeast Jefferson
+3.8%
Jeffersontown
+3.8%

Housing Supply in Hurstbourne, KY

How many homes are available in Hurstbourne, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1914-26.3%

Summary: The Hurstbourne real estate market had 14 homes for sale in November 2024, a 26.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 41
-75.0%
4 89
+12.5%
5+ 31
-66.7%

Summary: The Hurstbourne 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 25%, 3 bedroom homes decreased by 75%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hurstbourne, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hurstbourne in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hurstbourne, 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 2 Days Ago

Newest Listings in Hurstbourne, KY

Nearby Markets to Hurstbourne, KY

What housing markets are near Hurstbourne, KY?