Is Paint Lick, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paint Lick is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Paint Lick was a Neutral Market.

Key Takeaway

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

Housing Prices in Paint Lick, KY

How much do homes in Paint Lick, KY cost?

Median Sold Price

$319,900

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$2,950(+0.9%)

Key Takeaway

Homes in Paint Lick have sold for 0.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$226K
N/A
3 $299K$322.4K
+7.8%
4 $334.9K-
N/A
5+ --
N/A

Summary: Paint Lick 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 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Conway
+213.3%
Paint Lick
+0.9%

Housing Supply in Paint Lick, KY

How many homes are available in Paint Lick, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1314+7.7%

Summary: The Paint Lick real estate market had 14 homes for sale in November 2024, a 7.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 67
+16.7%
4 33
0.0%
5+ 22
0.0%

Summary: The Paint Lick 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paint Lick, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Paint Lick in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Paint Lick, KY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
11 Days27 Days+149.1%

Summary: Homes in Paint Lick had an average of 27 days on market in Nov 2024, up by 149.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Paint Lick; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in Paint Lick, KY

Nearby Markets to Paint Lick, KY

What housing markets are near Paint Lick, KY?