Is Newburg, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Newburg has remained a Seller's Market.
Housing Prices in Newburg, KY
How much do homes in Newburg, KY cost?
Median Sold Price
$175,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newburg was $175,000 in April 2024, up 2.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $61K | $120K | +96.7% |
2 Bedrooms | $150K | $140K | -6.7% |
3 Bedrooms | $168K | $175K | +4.2% |
4 Bedrooms | $193.7K | $200.5K | +3.5% |
5+ Bedrooms | - | $219K | N/A |
Summary: Newburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.7%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes did not change.
Housing Supply in Newburg, KY
How many homes are available in Newburg, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 35 | -5.4% |
Summary: The Newburg real estate market had 35 homes for sale in April 2024, a 5.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 28 | 27 | -3.6% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 11 | -26.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Newburg in April 2024, down by 26.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Newburg, KY
We’re sorry, we don't have information for this market at the moment