Is District 9, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, District 9 has remained a Seller's Market.
Housing Prices in District 9, KY
How much do homes in District 9, KY cost?
Median Sold Price
$338,950
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in District 9 was $338,950 in May 2024, up 5.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190K | $225.6K | +18.8% |
3 Bedrooms | $290K | $315K | +8.6% |
4 Bedrooms | $375K | $405K | +8.0% |
5+ Bedrooms | $447.5K | $501K | +12.0% |
Summary: District 9 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 12%.
Housing Supply in District 9, KY
How many homes are available in District 9, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
74 | 86 | +16.2% |
Summary: The District 9 real estate market had 86 homes for sale in May 2024, a 16.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 36 | 46 | +27.8% |
4 Bedrooms | 26 | 27 | +3.8% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The District 9 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in District 9 in May 2024, the same as the previous month. Of the 28 sold homes, 39% were sold under asking, 21% were sold at asking, and 39% were sold over asking.
Days on Market for District 9, KY
How long does it take to sell a home in District 9, KY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 10 Days | -11.8% |
Summary: Homes in District 9 had an average of 10 days on market in May 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in District 9; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.