Is Bald Knob, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bald Knob is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bald Knob has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bald Knob, KY

How much do homes in Bald Knob, KY cost?

Median Sold Price

$194,950

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$95,050(-32.8%)

Key Takeaway

Homes in Bald Knob have sold for 32.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$194.9K
N/A
4 $290K-
N/A
5+ --
N/A

Summary: Bald Knob 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.

Housing Supply in Bald Knob, KY

How many homes are available in Bald Knob, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Bald Knob real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Bald Knob 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 increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Bald Knob in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Bald Knob, KY

How long does it take to sell a home in Bald Knob, KY?

Average Sale Time

Mar 2024Apr 2024CHANGE
76 Days15 Days-79.6%

Summary: Homes in Bald Knob had an average of 15 days on market in Apr 2024, down by 79.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bald Knob are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Bald Knob; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Bald Knob, KY

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