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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockcastle County is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Rockcastle County, KY cost?

Median Sold Price

$150,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$1,000(+0.7%)

Key Takeaway

Homes in Rockcastle County have sold for 0.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 -$199.9K
N/A
2 $95K$64.7K
-31.8%
3 $141K$157K
+11.3%
4 $230K$155K
-32.6%
5+ $241.5K$441.5K
+82.8%

Median Sold Price Compared To Nearby Counties

Jackson County
+29.5%
Lincoln County
+17.1%
Madison County
+12.6%
Laurel County
+11.8%
Rockcastle County
+0.7%

How many homes are available in Rockcastle County, KY?

Number of Homes For Sale

Apr 2022May 2022%
2826-7.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 10
-100.0%
2 76
-14.3%
3 1615
-6.3%
4 44
0.0%
5+ 01
+100.0%

Number of Homes Sold

Apr 2022May 2022%
86-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockcastle County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
27 Days69 Days+149.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rockcastle County are selling fast, if you're buying plan to act quickly.

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

About Rockcastle County, KY

Rockcastle County, KY has 26 homes on the market. The inventory of homes for sale in Rockcastle County, KY between April 2022 and May 2022 decreased by 7.1%. In May 2022 median list price was $150,000 and the average listing age was 69 days. Listing prices have changed in this real estate market between April 2022 and May 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went down by 31.8%, 3 bedrooms properties prices increased by 11.3%, prices of 4 bedrooms properties went down by 32.6%, prices of 5 bedrooms properties went up by 82.8%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 100%, 2 bedrooms homes inventory decreased by 14.3%, 3 bedrooms homes inventory decreased by 6.3%, 4 bedrooms homes did not move, number of 5 bedrooms homes increased by 100%. In May 2022, from all listings sold in Rockcastle County, KY there were more than 0 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price.

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