Is Nicholas County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Nicholas County was a Buyer's Market.
Housing Prices in Nicholas County, KY
How much do homes in Nicholas County, KY cost?
Median Sold Price
$161,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $73.4K | $260K | +254.0% |
2 Bedrooms | $63.7K | $133.5K | +109.4% |
3 Bedrooms | $129.9K | $146.2K | +12.6% |
4 Bedrooms | $228.7K | $240K | +4.9% |
5+ Bedrooms | $248.7K | $212.5K | -14.6% |
Summary: Nicholas County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 254%, 2 bedroom homes increased by 109.4%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 14.6%.
Median Sold Price Compared To Nearby Counties
Nicholas County | $129.9K | $161K | +23.9% |
Bourbon County | $200K | $225K | +12.5% |
Harrison County | $191.5K | $197K | +2.9% |
Bath County | $150K | $150K | 0.0% |
Housing Supply in Nicholas County, KY
How many homes are available in Nicholas County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Nicholas County real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Nicholas County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Nicholas County in April 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Nicholas County, KY
How long does it take to sell a home in Nicholas County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 77 Days | +231.1% |
Summary: Homes in Nicholas County had an average of 77 days on market in Apr 2024, up by 231.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Nicholas County; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.