Is Shepherdsville Northwest, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shepherdsville Northwest is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Shepherdsville Northwest has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Shepherdsville Northwest, KY

How much do homes in Shepherdsville Northwest, KY cost?

Median Sold Price

$250,333

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$333(+0.1%)

Key Takeaway

The sold price of homes in Shepherdsville Northwest has remained the same since last year.

Summary: The median home sold price in Shepherdsville Northwest was $250,333 in March 2024, up 0.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$168.5K
N/A
2 $210K$195K
-7.1%
3 $230K$244.2K
+6.2%
4 $315.2K$289.9K
-8.0%
5+ $353.7K$436K
+23.3%

Summary: Shepherdsville Northwest 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 7.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 23.3%.

Median Sold Price Compared To Nearby Cities

Shepherdsville
+1.5%
Shepherdsville Northwest
0.1%
Hillview
-3.1%

Housing Supply in Shepherdsville Northwest, KY

How many homes are available in Shepherdsville Northwest, KY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
108100-7.4%

Summary: The Shepherdsville Northwest real estate market had 100 homes for sale in March 2024, a 7.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1513
-13.3%
3 5250
-3.8%
4 3834
-10.5%
5+ 22
0.0%

Summary: The Shepherdsville Northwest 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 decreased by 13.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3524-31.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shepherdsville Northwest, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 24 homes were sold or pending in Shepherdsville Northwest in March 2024, down by 31.4% month-over-month. Of the 24 sold homes, 38% were sold under asking, 42% were sold at asking, and 21% were sold over asking.

Days on Market for Shepherdsville Northwest, 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 23 Days Ago

Newest Listings in Shepherdsville Northwest, KY

Nearby Markets to Shepherdsville Northwest, KY

What housing markets are near Shepherdsville Northwest, KY?