Is Bell County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bell County was a Neutral Market.
Housing Prices in Bell County, KY
How much do homes in Bell County, KY cost?
Median Sold Price
$129,000
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bell County was $129,000 in April 2024, up 3.2% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | $160K | +540.0% |
2 Bedrooms | $90K | $70K | -22.2% |
3 Bedrooms | $135K | $130K | -3.7% |
4 Bedrooms | $222K | $198.5K | -10.6% |
5+ Bedrooms | $247.1K | $412.5K | +66.9% |
Summary: Bell County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 540%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 66.9%.
Median Sold Price Compared To Nearby Counties
Whitley County | $181.1K | $199K | +9.8% |
Knox County | $159.9K | $170K | +6.3% |
Bell County | $125K | $129K | +3.2% |
Claiborne County | $227.9K | $229.6K | +0.7% |
Housing Supply in Bell County, KY
How many homes are available in Bell County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 64 | 0.0% |
Summary: The Bell County real estate market had 64 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 33 | 32 | -3.0% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bell County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 15 | +275.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Bell County in April 2024, up by 275.0% month-over-month. Of the 15 sold homes, 80% were sold under asking, 7% were sold at asking, and 13% were sold over asking.
Days on Market for Bell County, KY
How long does it take to sell a home in Bell County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 76 Days | +61.1% |
Summary: Homes in Bell County had an average of 76 days on market in Apr 2024, up by 61.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Bell County; 47% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.