Is West Liberty, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Liberty is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, West Liberty has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in West Liberty, KY

How much do homes in West Liberty, KY cost?

Median Sold Price

$200,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$155,500(+345.6%)

Key Takeaway

Homes in West Liberty have sold for 345.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $45K$200.5K
+345.6%
4 --
N/A
5+ --
N/A

Summary: West Liberty 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 increased by 345.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Liberty, KY

How many homes are available in West Liberty, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2120-4.8%

Summary: The West Liberty real estate market had 20 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 1312
-7.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The West Liberty 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 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 West Liberty, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in West Liberty in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for West Liberty, KY

How long does it take to sell a home in West Liberty, KY?

Average Sale Time

Sep 2024Oct 2024CHANGE
16 Days52 Days+225.0%

Summary: Homes in West Liberty had an average of 52 days on market in Oct 2024, up by 225% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Liberty are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in West Liberty; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

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