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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellemeade is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Bellemeade, KY

How much do homes in Bellemeade, KY cost?

Median Sold Price

$375,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$23,250(-5.8%)

Key Takeaway

Homes in Bellemeade have sold for 5.8% less than they did a year ago.

Summary: The median home sold price in Bellemeade was $375,000 in April 2024, down 5.8% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325K$150K
-53.8%
3 $409.5K$367.5K
-10.3%
4 $428K$469.7K
+9.8%
5+ --
N/A

Summary: Bellemeade housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.8%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hurstbourne
+22.6%
Lyndon
+10.9%
East Jefferson
+5.6%
Louisville
+2.7%
Bellemeade
-5.8%

Housing Supply in Bellemeade, KY

How many homes are available in Bellemeade, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Bellemeade 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 11
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Bellemeade 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 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 Bellemeade, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

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

Days on Market for Bellemeade, 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 17 Days Ago

Newest Listings in Bellemeade, KY