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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harlan County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Harlan County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Harlan County, KY

How much do homes in Harlan County, KY cost?

Median Sold Price

$59,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$50(+0.1%)

Key Takeaway

The sold price of homes in Harlan County has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $125K-
N/A
3 $40K$59K
+47.5%
4 -$32K
N/A
5+ -$535K
N/A

Summary: Harlan County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Harlan County, KY

How many homes are available in Harlan County, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3128-9.7%

Summary: The Harlan County real estate market had 28 homes for sale in April 2024, a 9.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1713
-23.5%
4 55
0.0%
5+ 24
+100.0%

Summary: The Harlan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harlan County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harlan County in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Harlan County, KY

How long does it take to sell a home in Harlan County, KY?

Average Sale Time

Mar 2024Apr 2024CHANGE
137 Days127 Days-7.0%

Summary: Homes in Harlan County had an average of 127 days on market in Apr 2024, down by 7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Harlan County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 5 homes were sold in Harlan County; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

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

Report Updated 10 Days Ago

Newest Listings in Harlan County, KY

Nearby Markets to Harlan County, KY

What housing markets are near Harlan County, KY?