$4,038 Closing Credit*
$340,000
1,302 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Properties East
Is Saint Matthews, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$339,375
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,975(+13.4%)
Key Takeaway
Homes in Saint Matthews have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Saint Matthews was $339,375 in October 2024, up 13.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.2K | $117K | +15.6% |
| 2 Bedrooms | $215K | $190K | -11.6% |
| 3 Bedrooms | $345.4K | $365K | +5.7% |
| 4 Bedrooms | $384.9K | $409K | +6.3% |
| 5+ Bedrooms | $507.5K | $522.5K | +3.0% |
Summary: Saint Matthews housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Saint Matthews | $299.4K | $339.3K | +13.4% |
| Beechwood Village | $369.9K | $392.4K | +6.1% |
Housing Supply in Saint Matthews, KY
How many homes are available in Saint Matthews, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 55 | +10.0% |
Summary: The Saint Matthews real estate market had 55 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Saint Matthews housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Matthews, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Saint Matthews in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 13% were sold under asking, 40% were sold at asking, and 47% 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
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