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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Lyon is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Southeast Lyon was a Seller's Market.

Key Takeaway

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

Housing Prices in Southeast Lyon, KY

How much do homes in Southeast Lyon, KY cost?

Median Sold Price

$615,000

$219/sqft

Based on all homes sold in October 2024.

The Median Sold Price hasn't changed since September 2024.

Key Takeaway

The sold price of homes in Southeast Lyon has remained the same since last month.

Summary: The median home sold price in Southeast Lyon was $615,000 in October 2024, the same as last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $180K-
N/A
3 $615K-
N/A
4 $652.5K$615K
-5.7%
5+ --
N/A

Summary: Southeast Lyon 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 did not change, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Southeast Lyon
0.0%
Cerulean
-73.9%

Housing Supply in Southeast Lyon, KY

How many homes are available in Southeast Lyon, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2723-14.8%

Summary: The Southeast Lyon real estate market had 23 homes for sale in October 2024, a 14.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 98
-11.1%
4 1210
-16.7%
5+ 44
0.0%

Summary: The Southeast Lyon 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 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Lyon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Southeast Lyon in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Southeast Lyon, 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 17 Days Ago

Newest Listings in Southeast Lyon, KY

Nearby Markets to Southeast Lyon, KY

What housing markets are near Southeast Lyon, KY?