Is Rockcastle County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Rockcastle County was a Seller's Market.
Housing Prices in Rockcastle County, KY
How much do homes in Rockcastle County, KY cost?
Median Sold Price
$162,500
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rockcastle County was $162,500 in March 2024, up 3.5% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.9K | - | N/A |
2 Bedrooms | $112.5K | $90K | -20.0% |
3 Bedrooms | $159K | $160K | +0.6% |
4 Bedrooms | $256.4K | $198.5K | -22.6% |
5+ Bedrooms | $240K | $630K | +162.5% |
Summary: Rockcastle 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 decreased by 20%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 162.5%.
Median Sold Price Compared To Nearby Counties
Madison County | $259.9K | $275.1K | +5.8% |
Laurel County | $200.2K | $210K | +4.9% |
Lincoln County | $184.5K | $192.5K | +4.3% |
Rockcastle County | $157K | $162.5K | +3.5% |
Housing Supply in Rockcastle County, KY
How many homes are available in Rockcastle County, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Summary: The Rockcastle County real estate market had 21 homes for sale in March 2024, a 23.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rockcastle County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Rockcastle County in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rockcastle County, KY
How long does it take to sell a home in Rockcastle County, KY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 108 Days | +84.8% |
Summary: Homes in Rockcastle County had an average of 108 days on market in Mar 2024, up by 84.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Rockcastle County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.