Is Bell County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bell County was a Seller's Market.
Housing Prices in Bell County, KY
How much do homes in Bell County, KY cost?
Median Sold Price
$124,000
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bell County was $124,000 in March 2024, down 5.3% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | $160K | +540.0% |
2 Bedrooms | $90K | $67.5K | -25.0% |
3 Bedrooms | $141K | $129K | -8.5% |
4 Bedrooms | $163.3K | $198.5K | +21.6% |
5+ Bedrooms | $247.1K | $475K | +92.2% |
Summary: Bell County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 540%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 92.2%.
Median Sold Price Compared To Nearby Counties
Whitley County | $185K | $198K | +7.0% |
Knox County | $155.2K | $166K | +6.9% |
Claiborne County | $229K | $225.1K | -1.7% |
Bell County | $131K | $124K | -5.3% |
Housing Supply in Bell County, KY
How many homes are available in Bell County, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 63 | +12.5% |
Summary: The Bell County real estate market had 63 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 26 | 34 | +30.8% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Bell County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bell County in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Bell County, KY
How long does it take to sell a home in Bell County, KY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 68 Days | -9.6% |
Summary: Homes in Bell County had an average of 68 days on market in Mar 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Bell County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.