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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nancy is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Nancy, KY

How much do homes in Nancy, KY cost?

Median Sold Price

$219,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,000(+1.9%)

Key Takeaway

Homes in Nancy have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Nancy was $219,000 in November 2024, up 1.9% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $119K$155K
+30.3%
2 $170K$120K
-29.4%
3 $261.5K$217.5K
-16.8%
4 $280K$297K
+6.1%
5+ $515K$685.1K
+33.0%

Summary: Nancy housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.3%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 33%.

Median Sold Price Compared To Nearby Cities

Nancy
+1.9%
Burnside
-2.6%

Housing Supply in Nancy, KY

How many homes are available in Nancy, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3937-5.1%

Summary: The Nancy real estate market had 37 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 78
+14.3%
3 1615
-6.3%
4 99
0.0%
5+ 33
0.0%

Summary: The Nancy housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

3 Homes Were 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 Nancy, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Nancy in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Nancy, KY

How long does it take to sell a home in Nancy, KY?

Average Sale Time

Nov 2023Nov 2024CHANGE
83 Days70 Days-15.5%

Summary: Homes in Nancy had an average of 70 days on market in Nov 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nancy are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Nancy; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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 Nancy, KY

Nearby Markets to Nancy, KY

What housing markets are near Nancy, KY?