Is Boyle County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Boyle County has remained a Seller's Market.
Housing Prices in Boyle County, KY
How much do homes in Boyle County, KY cost?
Median Sold Price
$221,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Boyle County was $221,000 in February 2024, down 3.8% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $153K | $148K | -3.3% |
3 Bedrooms | $220K | $210K | -4.5% |
4 Bedrooms | $322.7K | $315K | -2.4% |
5+ Bedrooms | $437.5K | $417K | -4.7% |
Summary: Boyle County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Counties
Mercer County | $219.7K | $229K | +4.2% |
Lincoln County | $184.5K | $187.5K | +1.6% |
Garrard County | $250K | $247K | -1.2% |
Boyle County | $229.6K | $221K | -3.8% |
Housing Supply in Boyle County, KY
How many homes are available in Boyle County, KY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
98 | 95 | -3.1% |
Summary: The Boyle County real estate market had 95 homes for sale in February 2024, a 3.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 11 | -21.4% |
3 Bedrooms | 57 | 58 | +1.8% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Boyle County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 16 | -27.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Boyle County in February 2024, down by 27.3% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.
Days on Market for Boyle County, KY
How long does it take to sell a home in Boyle County, KY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
46 Days | 52 Days | +12.4% |
Summary: Homes in Boyle County had an average of 52 days on market in Feb 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in Boyle County; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.