Is Winston-West Irvine, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winston-West Irvine is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Winston-West Irvine was a Neutral Market.

Key Takeaway

Winston-West Irvine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winston-West Irvine, KY

How much do homes in Winston-West Irvine, KY cost?

Median Sold Price

$177,450

$49/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,550(-11.3%)

Key Takeaway

Homes in Winston-West Irvine have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Winston-West Irvine was $177,450 in October 2024, down 11.3% from last year, and the median price per square foot was $49.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$61K
-49.2%
2 -$115K
N/A
3 $189K$159.9K
-15.4%
4 $258.7K$350K
+35.3%
5+ $490K$232.5K
-52.6%

Summary: Winston-West Irvine housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 52.6%.

Median Sold Price Compared To Nearby Cities

Waco-Bybee
+9.8%
Irvine
0.2%
Winston-West Irvine
-11.3%

Housing Supply in Winston-West Irvine, KY

How many homes are available in Winston-West Irvine, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1310-23.1%

Summary: The Winston-West Irvine real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 63
-50.0%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Winston-West Irvine 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 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winston-West Irvine, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Winston-West Irvine in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Winston-West Irvine, KY

How long does it take to sell a home in Winston-West Irvine, KY?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days154 Days+503.9%

Summary: Homes in Winston-West Irvine had an average of 154 days on market in Oct 2024, up by 503.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Winston-West Irvine has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Winston-West Irvine; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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