Is New Concord, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, New Concord was a Buyer's Market.
Housing Prices in New Concord, KY
How much do homes in New Concord, KY cost?
Median Sold Price
$578,500
$135/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in New Concord was $578,500 in April 2024, down 1.9% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $402.5K | N/A |
4 Bedrooms | - | $1.0M | N/A |
5+ Bedrooms | $632.5K | - | N/A |
Summary: New Concord housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Shiloh | $278K | $590K | +112.2% |
Hazel-Lynn Grove | $125K | $265K | +112.0% |
New Concord | $590K | $578.5K | -1.9% |
Housing Supply in New Concord, KY
How many homes are available in New Concord, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Summary: The New Concord real estate market had 27 homes for sale in April 2024, a 22.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The New Concord housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in New Concord in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for New Concord, KY
We’re sorry, we don't have information for this market at the moment