Is Okolona, 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, Okolona has remained a Seller's Market.
Housing Prices in Okolona, KY
How much do homes in Okolona, KY cost?
Median Sold Price
$220,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Okolona was $220,000 in April 2024, up 7.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $68K | N/A |
2 Bedrooms | $175K | $183K | +4.6% |
3 Bedrooms | $207K | $219.4K | +6.0% |
4 Bedrooms | $232K | $252.5K | +8.8% |
5+ Bedrooms | $220K | $282.4K | +28.4% |
Summary: Okolona housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 28.4%.
Housing Supply in Okolona, KY
How many homes are available in Okolona, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 47 | +4.4% |
Summary: The Okolona real estate market had 47 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 30 | 32 | +6.7% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Okolona 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 increased by 8.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Okolona in April 2024, up by 23.5% month-over-month. Of the 21 sold homes, 29% were sold under asking, 19% were sold at asking, and 52% were sold over asking.
Days on Market for Okolona, KY
We’re sorry, we don't have information for this market at the moment