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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkland is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Parkland, KY

How much do homes in Parkland, KY cost?

Median Sold Price

$85,121

$74/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,621(+26.1%)

Key Takeaway

Homes in Parkland have sold for 26.1% more than they did a year ago.

Summary: The median home sold price in Parkland was $85,121 in October 2024, up 26.1% from last year, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$40.5K
N/A
2 $42.7K$65K
+52.0%
3 $66.2K$95K
+43.4%
4 $98K$100.4K
+2.4%
5+ --
N/A

Summary: Parkland 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 increased by 52%, 3 bedroom homes increased by 43.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Parkland
+26.1%
Chickasaw
+24.7%
Park DuValle
+22.2%
California
+20.0%
Russell
-12.2%

Housing Supply in Parkland, KY

How many homes are available in Parkland, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2025+25.0%

Summary: The Parkland real estate market had 25 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1215
+25.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Parkland 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 increased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Parkland in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Parkland, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Parkland, KY

Nearby Markets to Parkland, KY