Is South Dixie, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Dixie is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, South Dixie has remained a Seller's Market.

Key Takeaway

South Dixie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Dixie, KY

How much do homes in South Dixie, KY cost?

Median Sold Price

$206,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,000(+3.0%)

Key Takeaway

Homes in South Dixie have sold for 3% more than they did a year ago.

Summary: The median home sold price in South Dixie was $206,000 in October 2024, up 3% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $202.5K$195K
-3.7%
3 $195.8K$200K
+2.1%
4 $224K$220K
-1.8%
5+ $295.7K$352.5K
+19.2%

Summary: South Dixie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Cities

Pond Creek
+9.9%
North Dixie
+9.8%
South Dixie
+3.0%
Shepherdsville Northwest
0.0%

Housing Supply in South Dixie, KY

How many homes are available in South Dixie, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109125+14.7%

Summary: The South Dixie real estate market had 125 homes for sale in October 2024, a 14.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1512
-20.0%
3 7188
+23.9%
4 1921
+10.5%
5+ 44
0.0%

Summary: The South Dixie 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 decreased by 20%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3323-30.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Dixie, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in South Dixie in October 2024, down by 30.3% month-over-month. Of the 23 sold homes, 48% were sold under asking, 22% were sold at asking, and 30% were sold over asking.

Days on Market for South Dixie, 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 South Dixie, KY

Nearby Markets to South Dixie, KY

What housing markets are near South Dixie, KY?