Is Lyon County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyon County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lyon County was a Neutral Market.

Key Takeaway

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

Housing Prices in Lyon County, KY

How much do homes in Lyon County, KY cost?

Median Sold Price

$245,250

$164/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$179,750(-42.3%)

Key Takeaway

Homes in Lyon County have sold for 42.3% less than they did a month ago.

Summary: The median home sold price in Lyon County was $245,250 in October 2024, down 42.3% from last month, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $180K$248K
+37.8%
3 $385K$112.5K
-70.8%
4 $558.7K$420K
-24.8%
5+ -$300K
N/A

Summary: Lyon County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.8%, 3 bedroom homes decreased by 70.8%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Caldwell County
+23.2%
Livingston County
+21.9%
Crittenden County
+8.7%
Trigg County
-41.9%
Lyon County
-42.3%

Housing Supply in Lyon County, KY

How many homes are available in Lyon County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5048-4.0%

Summary: The Lyon County real estate market had 48 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 1516
+6.7%
4 2017
-15.0%
5+ 66
0.0%

Summary: The Lyon County 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 6.7%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 11 homes were sold or pending in Lyon County in October 2024, up by 37.5% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Lyon County, 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 Lyon County, KY

Nearby Markets to Lyon County, KY

What housing markets are near Lyon County, KY?