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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leitchfield is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Leitchfield was a Seller's Market.

Key Takeaway

Leitchfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Leitchfield, KY

How much do homes in Leitchfield, KY cost?

Median Sold Price

$200,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.5%)

Key Takeaway

Homes in Leitchfield have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Leitchfield was $200,000 in November 2024, up 1.5% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145.2K$142K
-2.2%
2 $155K$196.5K
+26.8%
3 $190K$198.5K
+4.5%
4 $312K$336.9K
+8.0%
5+ $247.5K$462K
+86.7%

Summary: Leitchfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 26.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 86.7%.

Housing Supply in Leitchfield, KY

How many homes are available in Leitchfield, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6258-6.5%

Summary: The Leitchfield real estate market had 58 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 107
-30.0%
3 3432
-5.9%
4 1415
+7.1%
5+ 33
0.0%

Summary: The Leitchfield 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 30%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leitchfield, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Leitchfield in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Leitchfield, 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 20 Days Ago

Newest Listings in Leitchfield, KY

Nearby Markets to Leitchfield, KY