Is Shively, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shively is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shively was a Seller's Market.

Key Takeaway

Shively is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Shively, KY

How much do homes in Shively, KY cost?

Median Sold Price

$189,700

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,700(+5.4%)

Key Takeaway

Homes in Shively have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Shively was $189,700 in November 2024, up 5.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $137.5K$167K
+21.5%
3 $184.7K$192K
+4.0%
4 $210K$198.3K
-5.5%
5+ $190K$249.1K
+31.1%

Summary: Shively housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 31.1%.

Median Sold Price Compared To Nearby Cities

Louisville West
+12.4%
North Dixie
+10.2%
Pond Creek
+9.7%
Shively
+5.4%
Louisville South
+4.9%

Housing Supply in Shively, KY

How many homes are available in Shively, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3845+18.4%

Summary: The Shively real estate market had 45 homes for sale in November 2024, a 18.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 1621
+31.3%
4 911
+22.2%
5+ 33
0.0%

Summary: The Shively 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 remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shively, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Shively in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Shively, 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 Shively, KY

Nearby Markets to Shively, KY

What housing markets are near Shively, KY?