Is Crestwood, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Crestwood has remained a Seller's Market.
Housing Prices in Crestwood, KY
How much do homes in Crestwood, KY cost?
Median Sold Price
$461,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Crestwood was $461,000 in April 2024, up 6.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $205K | $208.5K | +1.7% |
3 Bedrooms | $330K | $385K | +16.7% |
4 Bedrooms | $525K | $557.4K | +6.2% |
5+ Bedrooms | $655.9K | $758K | +15.6% |
Summary: Crestwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Crestwood | $432K | $461K | +6.7% |
Pewee Valley | $325K | $299.9K | -7.7% |
Housing Supply in Crestwood, KY
How many homes are available in Crestwood, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 84 | +15.1% |
Summary: The Crestwood real estate market had 84 homes for sale in April 2024, a 15.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 3 | -57.1% |
3 Bedrooms | 25 | 31 | +24.0% |
4 Bedrooms | 28 | 30 | +7.1% |
5+ Bedrooms | 13 | 20 | +53.8% |
Summary: The Crestwood 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 decreased by 57.1%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 53.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Crestwood in April 2024, down by 8.3% month-over-month. Of the 22 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for Crestwood, KY
How long does it take to sell a home in Crestwood, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 33 Days | +1000.0% |
Summary: Homes in Crestwood had an average of 33 days on market in Apr 2024, up by 1000% compared to last year.
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
Summary: During April 2024, 22 homes were sold in Crestwood; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.