$2,672 Closing Credit*
$225,000
5 Beds
•2 Full Baths
Listing Office: SimpliHOM
Is Stanton, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Stanton was a Neutral Market.
Key Takeaway
Stanton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stanton, KY
How much do homes in Stanton, KY cost?
Median Sold Price
$194,000
-
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$37,750(+24.2%)
Key Takeaway
Homes in Stanton have sold for 24.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188K | - | N/A |
| 2 Bedrooms | $182.5K | $235K | +28.8% |
| 3 Bedrooms | $140K | $182.5K | +30.4% |
| 4 Bedrooms | $235K | $246.5K | +4.9% |
| 5+ Bedrooms | $285.9K | $285K | -0.3% |
Summary: Stanton housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in Stanton, KY
How many homes are available in Stanton, KY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 | 43 | +4.9% |
Summary: The Stanton real estate market had 43 homes for sale in August 2024, a 4.9% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Stanton housing inventory by bedroom type for August 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 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Stanton in August 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Stanton, KY
How long does it take to sell a home in Stanton, KY?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 2 Days | 36 Days | +1735.0% |
Summary: Homes in Stanton had an average of 36 days on market in Aug 2024, up by 1735% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stanton are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 10 homes were sold in Stanton; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.