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 November 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

$234,800

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,600(-3.9%)

Key Takeaway

Homes in Keavy have sold for 3.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $132.5K$150K
+13.2%
3 $225K$230.5K
+2.4%
4 $297K$315K
+6.1%
5+ $481.2K$540K
+12.2%

Summary: Keavy 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 increased by 13.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

North Corbin
+4.7%
Keavy
-3.9%

Housing Supply in Keavy, KY

How many homes are available in Keavy, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4139-4.9%

Summary: The Keavy real estate market had 39 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 3332
-3.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Keavy 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 50%, 3 bedroom homes decreased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

7 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 Keavy, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Keavy in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
26 Days103 Days+298.9%

Summary: Homes in Keavy had an average of 103 days on market in Nov 2024, up by 298.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Keavy; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% 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

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