$2,672 Closing Credit*
$225,000
1,144 SqFt
2 Beds
•2 Full Baths
Listing Office: Turn Key Realty
Is Middlesboro, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Middlesboro was a Seller's Market.
Key Takeaway
Middlesboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middlesboro, KY
How much do homes in Middlesboro, KY cost?
Median Sold Price
$143,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,000(+10.9%)
Key Takeaway
Homes in Middlesboro have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Middlesboro was $143,000 in November 2024, up 10.9% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $70K | $112K | +60.0% |
| 3 Bedrooms | $129K | $142.7K | +10.7% |
| 4 Bedrooms | $228K | $275K | +20.6% |
| 5+ Bedrooms | $475K | $85K | -82.1% |
Summary: Middlesboro 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 60%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes decreased by 82.1%.
Median Sold Price Compared To Nearby Cities
| Middlesborough | $110K | $137.7K | +25.2% |
| Middlesboro | $129K | $143K | +10.9% |
Housing Supply in Middlesboro, KY
How many homes are available in Middlesboro, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 67 | +11.7% |
Summary: The Middlesboro real estate market had 67 homes for sale in November 2024, a 11.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 6 | +200.0% |
| 3 Bedrooms | 37 | 40 | +8.1% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Middlesboro 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 200%, 3 bedroom homes increased by 8.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middlesboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Middlesboro in November 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Middlesboro, KY
How long does it take to sell a home in Middlesboro, KY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 151 Days | 73 Days | -51.1% |
Summary: Homes in Middlesboro had an average of 73 days on market in Nov 2024, down by 51.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Middlesboro has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Middlesboro; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.