$3,681 Closing Credit*
$310,000
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Bisceglia Realty & Auction Co
Is Middlesborough, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Middlesborough was a Neutral Market.
Key Takeaway
Middlesborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middlesborough, KY
How much do homes in Middlesborough, KY cost?
Median Sold Price
$110,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$19,000(-14.7%)
Key Takeaway
Homes in Middlesborough have sold for 14.7% less than they did a year ago.
Summary: The median home sold price in Middlesborough was $110,000 in September 2024, down 14.7% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $82.5K | $86.2K | +4.5% |
| 3 Bedrooms | $129K | $127.5K | -1.2% |
| 4 Bedrooms | $222K | $188.5K | -15.1% |
| 5+ Bedrooms | $70K | $217.5K | +210.7% |
Summary: Middlesborough housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes increased by 210.7%.
Median Sold Price Compared To Nearby Cities
| Middlesboro | $133.8K | $125K | -6.6% |
| Middlesborough | $129K | $110K | -14.7% |
Housing Supply in Middlesborough, KY
How many homes are available in Middlesborough, KY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 41 | 52 | +26.8% |
Summary: The Middlesborough real estate market had 52 homes for sale in September 2024, a 26.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 3 | 8 | +166.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Middlesborough housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middlesborough, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Middlesborough in September 2024, up by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Middlesborough, KY
How long does it take to sell a home in Middlesborough, KY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 110 Days | 38 Days | -64.7% |
Summary: Homes in Middlesborough had an average of 38 days on market in Sep 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Middlesborough has remained consistent over time.
Summary: During September 2024, 9 homes were sold in Middlesborough; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
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. © 2024 LBAR Multiple Listing Service. All rights reserved.