Is 42211, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 42211 has remained a Seller's Market.
Key Takeaway
42211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 42211, KY
How much do homes in 42211, KY cost?
Median Sold Price
$300,000
$148/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 42211 have sold for 56.3% more than they did a month ago.
Summary: The median home sold price in 42211 was $300,000 in April 2024, up 56.3% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $369.1K | $167.5K | -54.6% |
| 2 Bedrooms | $153K | $82.5K | -46.1% |
| 3 Bedrooms | $192K | $267.5K | +39.3% |
| 4 Bedrooms | - | $494K | N/A |
| 5+ Bedrooms | - | $460K | N/A |
Summary: 42211 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 54.6%, 2 bedroom homes decreased by 46.1%, 3 bedroom homes increased by 39.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 42211 | $192K | $300K | +56.3% |
| 42038 | $470K | $331.2K | -29.5% |
Housing Supply in 42211, KY
How many homes are available in 42211, KY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 81 | +6.6% |
Summary: The 42211 real estate market had 81 homes for sale in April 2024, a 6.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 38 | 35 | -7.9% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 42211 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 42211, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 42211 in April 2024, up by 30.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.
Days on Market for 42211, KY
How long does it take to sell a home in 42211, KY?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 41 Days | +2.5% |
Summary: Homes in 42211 had an average of 41 days on market in Apr 2024, up by 2.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 42211 has remained consistent over time.
Summary: During April 2024, 17 homes were sold in 42211; 0% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2024 LBAR Multiple Listing Service. All rights reserved.