$950 Closing Credit*
$80,000
1,593 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Green Team Real Estate Services
Is Shawnee, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shawnee was a Seller's Market.
Key Takeaway
Shawnee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shawnee, KY
How much do homes in Shawnee, KY cost?
Median Sold Price
$100,000
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,500(+13.0%)
Key Takeaway
Homes in Shawnee have sold for 13% more than they did a year ago.
Summary: The median home sold price in Shawnee was $100,000 in November 2024, up 13% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26.5K | $55K | +107.5% |
| 2 Bedrooms | $75K | $78K | +4.0% |
| 3 Bedrooms | $107.5K | $105K | -2.3% |
| 4 Bedrooms | $136K | $106.8K | -21.4% |
| 5+ Bedrooms | $122.1K | $216.2K | +77.1% |
Summary: Shawnee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.5%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 77.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Shawnee | $88.5K | $100K | +13.0% |
| Portland | $75K | $83.9K | +11.9% |
Housing Supply in Shawnee, KY
How many homes are available in Shawnee, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 51 | -12.1% |
Summary: The Shawnee real estate market had 51 homes for sale in November 2024, a 12.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Shawnee 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 decreased by 27.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shawnee, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Shawnee in November 2024, down by 57.1% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Shawnee, KY
We’re sorry, we don't have information for this market at the moment
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