Is Garrard County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer'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
$250,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$27,000(+12.1%)
Key Takeaway
Homes in Garrard County have sold for 12.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $100K | $115K | +14.9% |
| 2 Bedrooms | $112.5K | $122.5K | +8.9% |
| 3 Bedrooms | $215K | $222.9K | +3.7% |
| 4 Bedrooms | $289.9K | $345K | +19.0% |
| 5+ Bedrooms | $360K | $367.5K | +2.1% |
Median Sold Price Compared To Nearby Counties
| Boyle County | $193.4K | $225K | +16.3% |
| Garrard County | $223K | $250K | +12.1% |
| Madison County | $230K | $256.2K | +11.4% |
| Lincoln County | $166K | $184K | +10.8% |
| Jessamine County | $265.5K | $292.4K | +10.1% |
How many homes are available in Garrard County, KY?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 47 | 52 | +10.6% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
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 2022 | Feb 2023 | % |
|---|---|---|
| 14 Days | 24 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
Key Takeaway
Many homes in Garrard County are selling fast, if you're buying plan to act quickly.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2023 LBAR Multiple Listing Service. All rights reserved.