Is District 9, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing District 9 is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, District 9 has remained a Seller's Market.

Key Takeaway

District 9 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in District 9, KY

How much do homes in District 9, KY cost?

Median Sold Price

$339,837

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,795(+3.0%)

Key Takeaway

Homes in District 9 have sold for 3% more than they did a year ago.

Summary: The median home sold price in District 9 was $339,837 in September 2024, up 3% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $211.5K$215K
+1.7%
3 $309.5K$315K
+1.8%
4 $385K$408.5K
+6.1%
5+ $460K$525K
+14.1%

Summary: District 9 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Neighborhoods

District 9
+3.0%
Monticello
-0.9%

Housing Supply in District 9, KY

How many homes are available in District 9, KY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8477-8.3%

Summary: The District 9 real estate market had 77 homes for sale in September 2024, a 8.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3935
-10.3%
4 3330
-9.1%
5+ 66
0.0%

Summary: The District 9 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3022-26.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in District 9, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in District 9 in September 2024, down by 26.7% month-over-month. Of the 22 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for District 9, KY

How long does it take to sell a home in District 9, KY?

Average Sale Time

Sep 2023Sep 2024CHANGE
20 Days19 Days-5.1%

Summary: Homes in District 9 had an average of 19 days on market in Sep 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in District 9 are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 22 homes were sold in District 9; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% 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 30 Days Ago

Newest Listings in District 9, KY

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