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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millerstown is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Millerstown was a Neutral Market.

Key Takeaway

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

Housing Prices in Millerstown, KY

How much do homes in Millerstown, KY cost?

Median Sold Price

$256,500

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,600(+6.9%)

Key Takeaway

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

Summary: The median home sold price in Millerstown was $256,500 in October 2024, up 6.9% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $79.9K$131K
+63.9%
2 $219.9K$218K
-0.9%
3 $249.9K$255K
+2.0%
4 $239.9K$443.7K
+85.0%
5+ $732.5K$366K
-50.0%

Summary: Millerstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.9%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 85%, and 5+ bedroom homes decreased by 50%.

Housing Supply in Millerstown, KY

How many homes are available in Millerstown, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2022+10.0%

Summary: The Millerstown real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 45
+25.0%
3 88
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Millerstown 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Millerstown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Millerstown in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Millerstown, 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 Millerstown, KY

Nearby Markets to Millerstown, KY