Is Saint Matthews, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Matthews is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Saint Matthews, KY

How much do homes in Saint Matthews, KY cost?

Median Sold Price

$340,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+12.4%)

Key Takeaway

Homes in Saint Matthews have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Saint Matthews was $340,000 in November 2024, up 12.4% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K$112K
+8.7%
2 $215K$205K
-4.7%
3 $351K$365K
+4.0%
4 $395K$409K
+3.5%
5+ $507.5K$522.5K
+3.0%

Summary: Saint Matthews housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Woodlawn Park
+13.1%
Saint Matthews
+12.4%

Housing Supply in Saint Matthews, KY

How many homes are available in Saint Matthews, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5255+5.8%

Summary: The Saint Matthews real estate market had 55 homes for sale in November 2024, a 5.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1416
+14.3%
3 2728
+3.7%
4 88
0.0%
5+ 22
0.0%

Summary: The Saint Matthews 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 14.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16160.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Matthews, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Saint Matthews in November 2024, the same as the previous month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.

Days on Market for Saint Matthews, 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 20 Days Ago

Newest Listings in Saint Matthews, KY

Nearby Markets to Saint Matthews, KY

What housing markets are near Saint Matthews, KY?