$914 Closing Credit*
$77,000
1,200 SqFt
2 Beds
•1 Full Bath, 1 Partial
Michael Griffis, Listing Office: Grateful Acres Realty
Is Southeast Lyon, 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, Southeast Lyon was a Buyer's Market.
Key Takeaway
Southeast Lyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast Lyon, KY
How much do homes in Southeast Lyon, KY cost?
Median Sold Price
$579,000
$196/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$36,000(-5.9%)
Key Takeaway
Homes in Southeast Lyon have sold for 5.9% less than they did a month ago.
Summary: The median home sold price in Southeast Lyon was $579,000 in November 2024, down 5.9% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $579K | N/A |
| 4 Bedrooms | $615K | $335K | -45.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Southeast Lyon housing prices by bedroom type for November 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 45.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Southeast Lyon | $615K | $579K | -5.9% |
| Cerulean | $180K | $116.5K | -35.3% |
Housing Supply in Southeast Lyon, KY
How many homes are available in Southeast Lyon, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Southeast Lyon real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Southeast Lyon 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Lyon, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Southeast Lyon in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Southeast Lyon, KY
How long does it take to sell a home in Southeast Lyon, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Lyon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Southeast Lyon; 20% 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.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.