Is Shively, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Shively was a Seller's Market.
Key Takeaway
Shively is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shively, KY
How much do homes in Shively, KY cost?
Median Sold Price
$181,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Shively have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Shively was $181,000 in May 2024, up 2.5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.1K | - | N/A |
| 2 Bedrooms | $135K | $160K | +18.5% |
| 3 Bedrooms | $182.5K | $185K | +1.4% |
| 4 Bedrooms | $195K | $193.3K | -0.8% |
| 5+ Bedrooms | $144.6K | $293K | +102.6% |
Summary: Shively 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 18.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 102.6%.
Median Sold Price Compared To Nearby Cities
| Louisville West | $78.7K | $85K | +8.0% |
| North Dixie | $189.9K | $200K | +5.3% |
| Pond Creek | $220.1K | $230K | +4.5% |
| Shively | $176.5K | $181K | +2.5% |
| Louisville South | $152K | $154.9K | +1.9% |
Housing Supply in Shively, KY
How many homes are available in Shively, KY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 24 | -27.3% |
Summary: The Shively real estate market had 24 homes for sale in May 2024, a 27.3% decrease 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 19 | 12 | -36.8% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Shively 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 increased by 33.3%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 2 | -88.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shively, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Shively in May 2024, down by 88.9% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Shively, KY
We’re sorry, we don't have information for this market at the moment
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.