$1,412 Closing Credit*
$118,900
1,396 SqFt
3 Beds
•2 Full Baths
Listing Office: Lenihan Commercial Properties
Is Park Hill, 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, Park Hill was a Seller's Market.
Key Takeaway
Park Hill 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 Park Hill, KY
How much do homes in Park Hill, KY cost?
Median Sold Price
$63,500
$57/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+18.7%)
Key Takeaway
Homes in Park Hill have sold for 18.7% more than they did a year ago.
Summary: The median home sold price in Park Hill was $63,500 in November 2024, up 18.7% from last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $29.5K | $27.5K | -6.8% |
| 2 Bedrooms | $31K | $48.5K | +56.5% |
| 3 Bedrooms | $90.2K | $80K | -11.4% |
| 4 Bedrooms | $53.5K | $90K | +68.2% |
| 5+ Bedrooms | $135K | $140K | +3.7% |
Summary: Park Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 56.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 68.2%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Neighborhoods
| California | $73K | $93K | +27.4% |
| Park Hill | $53.5K | $63.5K | +18.7% |
Housing Supply in Park Hill, KY
How many homes are available in Park Hill, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Park Hill real estate market had 25 homes for sale in November 2024, a 13.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Park Hill 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 7.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Park Hill, 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 Park Hill in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Park Hill, KY
We’re sorry, we don't have information for this market at the moment
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