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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Richlawn is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Richlawn has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Richlawn, KY

How much do homes in Richlawn, KY cost?

Median Sold Price

$375,000

$221/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$65,000(+21.0%)

Key Takeaway

Homes in Richlawn have sold for 21% more than they did a month ago.

Summary: The median home sold price in Richlawn was $375,000 in October 2024, up 21% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K-
N/A
4 -$375K
N/A
5+ --
N/A

Summary: Richlawn housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Richlawn, KY

How many homes are available in Richlawn, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The Richlawn real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Richlawn 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Richlawn, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Richlawn in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Richlawn, 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 24 Days Ago

Newest Listings in Richlawn, KY

Nearby Markets to Richlawn, KY

What housing markets are near Richlawn, KY?