$3,349 Closing Credit*
$282,000
1,310 SqFt
3 Beds
•2 Full Baths
Tracey Shifflett, Listing Office: Keller Williams First Choice Realty
Is Simpson County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Simpson County was a Neutral Market.
Key Takeaway
Simpson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Simpson County, KY
How much do homes in Simpson County, KY cost?
Median Sold Price
$246,000
$177/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$59,750(-19.5%)
Key Takeaway
Homes in Simpson County have sold for 19.5% less than they did a month ago.
Summary: The median home sold price in Simpson County was $246,000 in October 2024, down 19.5% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $256.5K | $202K | -21.2% |
| 4 Bedrooms | - | $290K | N/A |
| 5+ Bedrooms | $625K | - | N/A |
Summary: Simpson County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Simpson County, KY
How many homes are available in Simpson County, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The Simpson County real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Simpson County housing inventory by bedroom type for October 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 18.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Simpson County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Simpson County in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Simpson County, KY
How long does it take to sell a home in Simpson County, KY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 20 Days | -14.0% |
Summary: Homes in Simpson County had an average of 20 days on market in Oct 2024, down by 14% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Simpson County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Simpson County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2024 LBAR Multiple Listing Service. All rights reserved.