$30,000
0.07 Acres
Land
Listing Office: First Saturday Real Estate
Is Shelby Park, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Shelby Park has remained a Seller's Market.
Key Takeaway
Shelby Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelby Park, KY
How much do homes in Shelby Park, KY cost?
Median Sold Price
$232,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+16.3%)
Key Takeaway
Homes in Shelby Park have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Shelby Park was $232,500 in November 2024, up 16.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $145K | -14.7% |
| 2 Bedrooms | $195K | $202.5K | +3.8% |
| 3 Bedrooms | $225K | $277.2K | +23.2% |
| 4 Bedrooms | $242K | $340K | +40.5% |
| 5+ Bedrooms | $179K | $250K | +39.7% |
Summary: Shelby Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes increased by 39.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Shelby Park | $200K | $232.5K | +16.3% |
| Merriwether | $214.5K | $242.5K | +13.1% |
| Old Louisville | $266K | $278.5K | +4.7% |
| Schnitzelburg | $248K | $257K | +3.6% |
Housing Supply in Shelby Park, KY
How many homes are available in Shelby Park, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Shelby Park real estate market had 22 homes for sale in November 2024, a 15.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shelby Park 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 25%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shelby Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Shelby Park in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Shelby Park, 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.