$897 Closing Credit*
$75,500
4 Beds
•1 Full Bath
Listing Office: CENTURY 21 Advantage Realty
Is North Corbin, 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, North Corbin was a Seller's Market.
Key Takeaway
North Corbin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Corbin, KY
How much do homes in North Corbin, KY cost?
Median Sold Price
$199,000
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+4.7%)
Key Takeaway
Homes in North Corbin have sold for 4.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86K | - | N/A |
| 2 Bedrooms | $137.9K | $165.8K | +20.3% |
| 3 Bedrooms | $197.5K | $185K | -6.3% |
| 4 Bedrooms | $199K | $320K | +60.8% |
| 5+ Bedrooms | $220K | $251K | +14.1% |
Summary: North Corbin 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 20.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 60.8%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in North Corbin, KY
How many homes are available in North Corbin, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Summary: The North Corbin real estate market had 25 homes for sale in November 2024, a 19.4% decrease 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 | 1 | -50.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The North Corbin 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 50%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Corbin, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North Corbin in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for North Corbin, KY
How long does it take to sell a home in North Corbin, KY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 32 Days | -36.3% |
Summary: Homes in North Corbin had an average of 32 days on market in Nov 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Corbin has remained consistent over time.
Summary: During November 2024, 4 homes were sold in North Corbin; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 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.