$3,266 Closing Credit*
$275,000
3 Beds
•2 Full Baths
Listing Office: United Real Estate Bluegrass
Is Paint Lick, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Paint Lick was a Seller's Market.
Key Takeaway
Paint Lick 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 Paint Lick, KY
How much do homes in Paint Lick, KY cost?
Median Sold Price
$265,000
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+10.9%)
Key Takeaway
Homes in Paint Lick have sold for 10.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25K | - | N/A |
| 2 Bedrooms | $485K | $174.7K | -64.0% |
| 3 Bedrooms | $213K | $277K | +30.0% |
| 4 Bedrooms | $367K | $352.4K | -4.0% |
| 5+ Bedrooms | $445K | - | N/A |
Summary: Paint Lick housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Paint Lick | $239K | $265K | +10.9% |
| Conway | $210K | $184K | -12.4% |
| Kirksville | $380K | $318.4K | -16.2% |
Housing Supply in Paint Lick, KY
How many homes are available in Paint Lick, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The Paint Lick real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Paint Lick 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Paint Lick, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Paint Lick in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 11 Days | -69.7% |
Summary: Homes in Paint Lick had an average of 11 days on market in Oct 2024, down by 69.7% 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
Key Takeaway
Many homes in Paint Lick are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Paint Lick; 100% 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.
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.