Is Garrard County, KY a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Garrard County is a seller's market


Difference Since February 2022

Since last year, Garrard County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Garrard County, KY cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Garrard County have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $100K$115K
2 $112.5K$122.5K
3 $215K$222.9K
4 $289.9K$345K
5+ $360K$367.5K

Median Sold Price Compared To Nearby Counties

Boyle County
Garrard County
Madison County
Lincoln County
Jessamine County

How many homes are available in Garrard County, KY?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
2 54
3 1724
4 1615
5+ 99

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garrard County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
14 Days24 Days+61.8%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Garrard County, KY

Garrard County, KY has 52 homes for sale to choose from. The number of listings in Garrard County, KY increased by 10.6% between January 2023 and February 2023. The median list price of listings available in February 2023 was $250,000, while the average time on the real estate market was 24 days. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 14.9%, prices of 2 bedrooms properties went up by 8.9%, prices of 3 bedrooms properties increased by 3.7%, 4 bedrooms properties became 19% more expensive, prices of 5 bedrooms properties increased by 2.1%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 20%, number of 3 bedrooms homes increased by 41.2%, 4 bedrooms homes became 6.3% less available, number of 5 bedrooms homes remained the same. In February 2023, from all listings sold in Garrard County, KY there were more than 2 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price.

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