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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oldham County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Oldham County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Oldham County, KY

How much do homes in Oldham County, KY cost?

Median Sold Price

$406,824

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,481(+1.9%)

Key Takeaway

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

Summary: The median home sold price in Oldham County was $406,824 in October 2024, up 1.9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $349K$77K
-77.9%
2 $202.5K$220K
+8.6%
3 $330K$345K
+4.5%
4 $475K$465K
-2.1%
5+ $750K$754K
0.5%

Summary: Oldham County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.9%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Counties

Henry County
+17.1%
Shelby County
+4.0%
Trimble County
+3.3%
Oldham County
+1.9%

Housing Supply in Oldham County, KY

How many homes are available in Oldham County, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
236243+3.0%

Summary: The Oldham County real estate market had 243 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2216
-27.3%
3 7273
+1.4%
4 105110
+4.8%
5+ 3643
+19.4%

Summary: The Oldham 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 decreased by 27.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 19.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6751-23.9%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oldham County, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Oldham County in October 2024, down by 23.9% month-over-month. Of the 51 sold homes, 69% were sold under asking, 12% were sold at asking, and 20% were sold over asking.

Days on Market for Oldham County, KY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days7 Days-53.3%

Summary: Homes in Oldham County had an average of 7 days on market in Oct 2024, down by 53.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 51 homes were sold in Oldham County; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in Oldham County, KY

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