$7,124 Closing Credit*
$599,900
3 Beds
•2 Full Baths
Listing Office: The Real Estate Co.
Is Waco-Bybee, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Waco-Bybee has remained a Seller's Market.
Key Takeaway
Waco-Bybee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waco-Bybee, KY
How much do homes in Waco-Bybee, KY cost?
Median Sold Price
$275,500
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+9.8%)
Key Takeaway
Homes in Waco-Bybee have sold for 9.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65.2K | - | N/A |
| 2 Bedrooms | $129.9K | $171K | +31.6% |
| 3 Bedrooms | $253K | $274.9K | +8.7% |
| 4 Bedrooms | $309.9K | $347K | +12.0% |
| 5+ Bedrooms | - | $334.2K | N/A |
Summary: Waco-Bybee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Boonesborough-White Hall | $386.5K | $447.5K | +15.8% |
| Waco-Bybee | $251K | $275.5K | +9.8% |
| Richmond | $278.7K | $300.3K | +7.7% |
| Winston-West Irvine | $200K | $177.4K | -11.3% |
Housing Supply in Waco-Bybee, KY
How many homes are available in Waco-Bybee, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Waco-Bybee real estate market had 40 homes for sale in October 2024, a 4.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 27 | 23 | -14.8% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Waco-Bybee 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 25%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
7 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 Waco-Bybee, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Waco-Bybee in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Waco-Bybee, KY
How long does it take to sell a home in Waco-Bybee, KY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 10 Days | -43.1% |
Summary: Homes in Waco-Bybee had an average of 10 days on market in Oct 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waco-Bybee are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Waco-Bybee; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.