Is Pleasure Ridge Park, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasure Ridge Park is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pleasure Ridge Park was a Seller's Market.

Key Takeaway

Pleasure Ridge Park 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 Pleasure Ridge Park, KY

How much do homes in Pleasure Ridge Park, KY cost?

Median Sold Price

$220,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+10.0%)

Key Takeaway

Homes in Pleasure Ridge Park have sold for 10% more than they did a year ago.

Summary: The median home sold price in Pleasure Ridge Park was $220,000 in October 2024, up 10% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$101K
N/A
2 $150K$175K
+16.7%
3 $205K$229.1K
+11.8%
4 $227.5K$229K
+0.7%
5+ $230K$320K
+39.1%

Summary: Pleasure Ridge Park 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 16.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 39.1%.

Housing Supply in Pleasure Ridge Park, KY

How many homes are available in Pleasure Ridge Park, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
114123+7.9%

Summary: The Pleasure Ridge Park real estate market had 123 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1510
-33.3%
3 8395
+14.5%
4 1517
+13.3%
5+ 11
0.0%

Summary: The Pleasure Ridge Park 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 decreased by 33.3%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3620-44.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasure Ridge Park, you could pay more than the asking price. 45% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Pleasure Ridge Park in October 2024, down by 44.4% month-over-month. Of the 20 sold homes, 20% were sold under asking, 35% were sold at asking, and 45% were sold over asking.

Days on Market for Pleasure Ridge Park, 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 22 Days Ago

Newest Listings in Pleasure Ridge Park, KY

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