Is East Bernstadt, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, East Bernstadt has remained a Seller's Market.
Housing Prices in East Bernstadt, KY
How much do homes in East Bernstadt, KY cost?
Median Sold Price
$178,000
-
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $203K | +45.0% |
2 Bedrooms | $172.5K | $105K | -39.1% |
3 Bedrooms | $204.4K | $165K | -19.3% |
4 Bedrooms | $290K | $215.8K | -25.6% |
5+ Bedrooms | - | $479.5K | N/A |
Summary: East Bernstadt housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes decreased by 39.1%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes decreased by 25.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Colony | $243K | $239.5K | -1.4% |
East Bernstadt | $194K | $178K | -8.2% |
Housing Supply in East Bernstadt, KY
How many homes are available in East Bernstadt, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Summary: The East Bernstadt real estate market had 22 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Bernstadt 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in East Bernstadt in March 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Bernstadt, KY
How long does it take to sell a home in East Bernstadt, KY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 13 Days | -61.0% |
Summary: Homes in East Bernstadt had an average of 13 days on market in Mar 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in East Bernstadt; 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.