Is Fleming County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Fleming County was a Neutral Market.
Housing Prices in Fleming County, KY
How much do homes in Fleming County, KY cost?
Median Sold Price
$170,500
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fleming County was $170,500 in March 2024, up 5.9% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $141.5K | $189.9K | +34.2% |
2 Bedrooms | $81.7K | $159.7K | +95.5% |
3 Bedrooms | $163.5K | $173.7K | +6.3% |
4 Bedrooms | $205K | $156K | -23.9% |
5+ Bedrooms | $345K | $269K | -22.0% |
Summary: Fleming County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.2%, 2 bedroom homes increased by 95.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes decreased by 22%.
Median Sold Price Compared To Nearby Counties
Bath County | $136.5K | $152.5K | +11.7% |
Fleming County | $161K | $170.5K | +5.9% |
Rowan County | $199.2K | $210K | +5.4% |
Housing Supply in Fleming County, KY
How many homes are available in Fleming County, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 59 | +20.4% |
Summary: The Fleming County real estate market had 59 homes for sale in March 2024, a 20.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 29 | 39 | +34.5% |
4 Bedrooms | 11 | 7 | -36.4% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fleming County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 34.5%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Fleming County in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Fleming County, KY
How long does it take to sell a home in Fleming County, KY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 51 Days | -14.8% |
Summary: Homes in Fleming County had an average of 51 days on market in Mar 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Fleming County; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.