Is La Grange, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Grange is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in La Grange, KY

How much do homes in La Grange, KY cost?

Median Sold Price

$379,600

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,634(+6.9%)

Key Takeaway

Homes in La Grange have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in La Grange was $379,600 in November 2024, up 6.9% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$77K
N/A
2 $207.2K$270K
+30.3%
3 $321.5K$354.9K
+10.4%
4 $408.2K$390K
-4.5%
5+ $525K$579.9K
+10.5%

Summary: La Grange 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 30.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 10.5%.

Housing Supply in La Grange, KY

How many homes are available in La Grange, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10594-10.5%

Summary: The La Grange real estate market had 94 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 3729
-21.6%
4 4747
0.0%
5+ 1410
-28.6%

Summary: The La Grange 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 increased by 16.7%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
28280.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Grange, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in La Grange in November 2024, the same as the previous month. Of the 28 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.

Days on Market for La Grange, 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 La Grange, KY

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