Is Stearns-Whitley City, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stearns-Whitley City is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Stearns-Whitley City has remained a Buyer's Market.

Key Takeaway

Stearns-Whitley City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stearns-Whitley City, KY

How much do homes in Stearns-Whitley City, KY cost?

Median Sold Price

$151,200

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,200(+2.2%)

Key Takeaway

Homes in Stearns-Whitley City have sold for 2.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$52K
N/A
2 $106K$120K
+13.2%
3 $141K$151.1K
+7.2%
4 $178K$165.5K
-7.0%
5+ $165.5K$430K
+159.8%

Summary: Stearns-Whitley City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 159.8%.

Housing Supply in Stearns-Whitley City, KY

How many homes are available in Stearns-Whitley City, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Stearns-Whitley City real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 64
-33.3%
4 45
+25.0%
5+ 22
0.0%

Summary: The Stearns-Whitley City 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 decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were 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 Stearns-Whitley City, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Stearns-Whitley City in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stearns-Whitley City, KY

We’re sorry, we don't have information for this market at the moment

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stearns-Whitley City are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Stearns-Whitley City; 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 21 Days Ago

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