$4,155 Closing Credit*
$349,900
1,775 SqFt
3 Beds
•2 Full Baths
Listing Office: Real Estate Pros of Kentucky
Is Schnitzelburg, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Schnitzelburg was a Seller's Market.
Key Takeaway
Schnitzelburg 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 Schnitzelburg, KY
How much do homes in Schnitzelburg, KY cost?
Median Sold Price
$256,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$7,000(+2.8%)
Key Takeaway
Homes in Schnitzelburg have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Schnitzelburg was $256,000 in September 2024, up 2.8% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.9K | $223K | +35.2% |
| 2 Bedrooms | $228.1K | $218.5K | -4.2% |
| 3 Bedrooms | $278.7K | $299.9K | +7.6% |
| 4 Bedrooms | $275K | $307.4K | +11.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Schnitzelburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.2%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Merriwether | $214.7K | $242.5K | +12.9% |
| Schnitzelburg | $249K | $256K | +2.8% |
Housing Supply in Schnitzelburg, KY
How many homes are available in Schnitzelburg, KY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The Schnitzelburg real estate market had 30 homes for sale in September 2024, a 25.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 14 | +55.6% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Schnitzelburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Schnitzelburg, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Schnitzelburg in September 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Schnitzelburg, KY
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.