Is Shively, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shively is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Shively, KY

How much do homes in Shively, KY cost?

Median Sold Price

$184,700

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$14,700(+8.6%)

Key Takeaway

Homes in Shively have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Shively was $184,700 in February 2024, up 8.6% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $92.1K-
N/A
2 $145K$160K
+10.3%
3 $174.9K$185K
+5.7%
4 $195K$190K
-2.6%
5+ $144.6K$305K
+110.9%

Summary: Shively housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 110.9%.

Median Sold Price Compared To Nearby Cities

Louisville West
+12.8%
Pond Creek
+9.5%
Shively
+8.6%
North Dixie
+7.2%
Louisville South
+1.2%

Housing Supply in Shively, KY

How many homes are available in Shively, KY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3733-10.8%

Summary: The Shively real estate market had 33 homes for sale in February 2024, a 10.8% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2219
-13.6%
4 97
-22.2%
5+ 01
+100.0%

Summary: The Shively housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shively, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Shively in February 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Shively, 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 28 Days Ago

Newest Listings in Shively, KY

Nearby Markets to Shively, KY

What housing markets are near Shively, KY?