Is 42726, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42726 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 42726 has remained a Seller's Market.

Key Takeaway

42726 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 42726, KY

How much do homes in 42726, KY cost?

Median Sold Price

$215,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$22,450(-9.5%)

Key Takeaway

Homes in 42726 have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in 42726 was $215,000 in April 2024, down 9.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $79.9K$131K
+63.9%
2 $202.5K$199K
-1.7%
3 $249.9K$220K
-12.0%
4 $407K$423K
+3.9%
5+ $1.2M$364K
-69.9%

Summary: 42726 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.9%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 69.9%.

Median Sold Price Compared To Nearby Zip Codes

42729
+23.1%
42754
+6.3%
42726
-9.5%

Housing Supply in 42726, KY

How many homes are available in 42726, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1822+22.2%

Summary: The 42726 real estate market had 22 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 23
+50.0%
3 1415
+7.1%
4 12
+100.0%
5+ 11
0.0%

Summary: The 42726 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 42726, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 42726 in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 42726, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 42726, KY

Nearby Markets to 42726, KY