Is Oldham County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oldham County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Oldham County has remained a Seller's Market.

Key Takeaway

Oldham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oldham County, KY

How much do homes in Oldham County, KY cost?

Median Sold Price

$399,983

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,267(+3.7%)

Key Takeaway

Homes in Oldham County have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Oldham County was $399,983 in March 2024, up 3.7% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$349K
N/A
2 $205K$214K
+4.4%
3 $320.9K$334.6K
+4.3%
4 $438.3K$485K
+10.7%
5+ $690K$744.5K
+7.9%

Summary: Oldham 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 4.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Counties

Henry County
+7.9%
Shelby County
+4.0%
Oldham County
+3.7%
Trimble County
-4.8%

Housing Supply in Oldham County, KY

How many homes are available in Oldham County, KY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
178183+2.8%

Summary: The Oldham County real estate market had 183 homes for sale in March 2024, a 2.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 79
+28.6%
3 7771
-7.8%
4 6976
+10.1%
5+ 2526
+4.0%

Summary: The Oldham County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3742+13.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oldham County, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Oldham County in March 2024, up by 13.5% month-over-month. Of the 42 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.

Days on Market for Oldham County, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Oldham County, KY

Nearby Markets to Oldham County, KY

What housing markets are near Oldham County, KY?