Is Southeast Clark, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Clark is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Southeast Clark has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Southeast Clark, KY

How much do homes in Southeast Clark, KY cost?

Median Sold Price

$275,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-11.3%)

Key Takeaway

Homes in Southeast Clark have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Southeast Clark was $275,000 in October 2024, down 11.3% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $127.5K$165K
+29.4%
2 $181K$224.5K
+24.0%
3 $315K$222.5K
-29.4%
4 $285K$356.5K
+25.1%
5+ $482.1K$467.5K
-3.0%

Summary: Southeast Clark housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 24%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Ford-Boonesborough
+24.7%
Boonesborough-White Hall
+15.8%
Waco-Bybee
+9.8%
Southeast Clark
-11.3%

Housing Supply in Southeast Clark, KY

How many homes are available in Southeast Clark, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The Southeast Clark real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 13
+200.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Southeast Clark 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 200%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Clark, 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 Southeast Clark in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Southeast Clark, KY

How long does it take to sell a home in Southeast Clark, KY?

Average Sale Time

Oct 2023Oct 2024CHANGE
121 Days10 Days-91.8%

Summary: Homes in Southeast Clark had an average of 10 days on market in Oct 2024, down by 91.8% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southeast Clark are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Southeast Clark; 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.

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 Southeast Clark, KY

Nearby Markets to Southeast Clark, KY

What housing markets are near Southeast Clark, KY?