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 December 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

$515,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,750(+2.9%)

Key Takeaway

Homes in Hurstbourne have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Hurstbourne was $515,000 in December 2024, up 2.9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $375K$215K
-42.7%
3 $401.7K$440K
+9.5%
4 $575K$720K
+25.2%
5+ $687.5K$672.5K
-2.2%

Summary: Hurstbourne housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Cities

Jeffersontown
+5.5%
Southeast Jefferson
+4.4%
Lyndon
+4.1%
Hurstbourne
+2.9%

Housing Supply in Hurstbourne, KY

How many homes are available in Hurstbourne, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1412-14.3%

Summary: The Hurstbourne real estate market had 12 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 12
+100.0%
4 98
-11.1%
5+ 11
0.0%

Summary: The Hurstbourne housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hurstbourne, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Hurstbourne in December 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Hurstbourne, KY

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Hurstbourne; 25% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Hurstbourne, KY

Nearby Markets to Hurstbourne, KY

What housing markets are near Hurstbourne, KY?