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 September 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

$185,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$2,500(+1.4%)

Key Takeaway

Homes in Shively have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Shively was $185,000 in September 2024, up 1.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $129.2K-
N/A
2 $152K$169K
+11.2%
3 $185K$190K
+2.7%
4 $205K$187.5K
-8.5%
5+ $190K$281K
+47.9%

Summary: Shively housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 47.9%.

Median Sold Price Compared To Nearby Cities

Louisville West
+11.9%
North Dixie
+10.9%
Pond Creek
+9.2%
Louisville South
+5.3%
Shively
+1.4%

Housing Supply in Shively, KY

How many homes are available in Shively, KY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3837-2.6%

Summary: The Shively real estate market had 37 homes for sale in September 2024, a 2.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2221
-4.5%
4 77
0.0%
5+ 22
0.0%

Summary: The Shively housing inventory by bedroom type for September 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 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 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. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Shively in September 2024, down by 23.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% 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 Sep 1, 2024

Newest Listings in Shively, KY

Nearby Markets to Shively, KY

What housing markets are near Shively, KY?