Is Nelson County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Nelson County has remained a Seller's Market.
Housing Prices in Nelson County, KY
How much do homes in Nelson County, KY cost?
Median Sold Price
$253,815
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nelson County was $253,815 in March 2024, up 5.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $148.7K | N/A |
2 Bedrooms | $159K | $185K | +16.4% |
3 Bedrooms | $238.4K | $255.5K | +7.2% |
4 Bedrooms | $329.7K | $325K | -1.4% |
5+ Bedrooms | $382.4K | $447.5K | +17.0% |
Summary: Nelson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Counties
Spencer County | $349.5K | $374.9K | +7.3% |
Nelson County | $240K | $253.8K | +5.8% |
Bullitt County | $268.7K | $270.2K | +0.6% |
Housing Supply in Nelson County, KY
How many homes are available in Nelson County, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
190 | 200 | +5.3% |
Summary: The Nelson County real estate market had 200 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 16 | 22 | +37.5% |
3 Bedrooms | 142 | 150 | +5.6% |
4 Bedrooms | 23 | 20 | -13.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Nelson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 44 | +22.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Nelson County in March 2024, up by 22.2% month-over-month. Of the 44 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for Nelson County, KY
We’re sorry, we don't have information for this market at the moment