Is Willisburg, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willisburg is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Willisburg has remained a Seller's Market.

Key Takeaway

Willisburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Willisburg, KY

How much do homes in Willisburg, KY cost?

Median Sold Price

$193,000

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$22,000(-10.2%)

Key Takeaway

Homes in Willisburg have sold for 10.2% less than they did a month ago.

Summary: The median home sold price in Willisburg was $193,000 in October 2024, down 10.2% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $215K-
N/A
3 $297.5K$193K
-35.1%
4 --
N/A
5+ --
N/A

Summary: Willisburg 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 decreased by 35.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Willisburg, KY

How many homes are available in Willisburg, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The Willisburg real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 108
-20.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Willisburg 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willisburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Willisburg in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Willisburg, KY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
73 Days41 Days-43.8%

Summary: Homes in Willisburg had an average of 41 days on market in Oct 2024, down by 43.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Willisburg has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Willisburg; 0% of homes were sold within 30 days, 33% 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 20 Days Ago

Newest Listings in Willisburg, KY

Nearby Markets to Willisburg, KY