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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairdealing is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Fairdealing was a Seller's Market.

Key Takeaway

Fairdealing is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fairdealing, KY

How much do homes in Fairdealing, KY cost?

Median Sold Price

$357,500

$163/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$52,389(+17.2%)

Key Takeaway

Homes in Fairdealing have sold for 17.2% more than they did a month ago.

Summary: The median home sold price in Fairdealing was $357,500 in October 2024, up 17.2% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$132K
N/A
2 $751K$252.5K
-66.4%
3 $306.5K$534K
+74.2%
4 $305.1K$390K
+27.8%
5+ -$410K
N/A

Summary: Fairdealing housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 66.4%, 3 bedroom homes increased by 74.2%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fairdealing
+17.2%
Gilbertsville
+11.1%

Housing Supply in Fairdealing, KY

How many homes are available in Fairdealing, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5457+5.6%

Summary: The Fairdealing real estate market had 57 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 46
+50.0%
2 87
-12.5%
3 2727
0.0%
4 911
+22.2%
5+ 66
0.0%

Summary: The Fairdealing housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

6 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 Fairdealing, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Fairdealing in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Fairdealing, 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 12 Days Ago

Newest Listings in Fairdealing, KY

Nearby Markets to Fairdealing, KY

What housing markets are near Fairdealing, KY?