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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keavy is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Keavy, KY

How much do homes in Keavy, KY cost?

Median Sold Price

$241,950

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,950(+3.0%)

Key Takeaway

Homes in Keavy have sold for 3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $132.5K$150K
+13.2%
3 $222.5K$238.9K
+7.4%
4 $326K$345K
+5.8%
5+ $481.2K$540K
+12.2%

Summary: Keavy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

North Corbin
+8.2%
Keavy
+3.0%

Housing Supply in Keavy, KY

How many homes are available in Keavy, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3940+2.6%

Summary: The Keavy real estate market had 40 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 22
0.0%
3 2731
+14.8%
4 63
-50.0%
5+ 22
0.0%

Summary: The Keavy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
990.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 9 homes were sold or pending in Keavy in October 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Keavy, KY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days55 Days-13.3%

Summary: Homes in Keavy had an average of 55 days on market in Oct 2024, down by 13.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Keavy has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Keavy; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in Keavy, KY

Nearby Markets to Keavy, KY

What housing markets are near Keavy, KY?