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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Owingsville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Owingsville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Owingsville, KY

How much do homes in Owingsville, KY cost?

Median Sold Price

$230,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$84,000(+57.5%)

Key Takeaway

Homes in Owingsville have sold for 57.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 $146K$230K
+57.5%
4 --
N/A
5+ -$560K
N/A

Summary: Owingsville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 57.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Owingsville, KY

How many homes are available in Owingsville, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2733+22.2%

Summary: The Owingsville real estate market had 33 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 1314
+7.7%
4 66
0.0%
5+ 13
+200.0%

Summary: The Owingsville 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 42.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Owingsville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Owingsville in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Owingsville, KY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
83 Days67 Days-19.3%

Summary: Homes in Owingsville had an average of 67 days on market in Nov 2024, down by 19.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Owingsville has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Owingsville; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

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