Is Whitley County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Whitley County has remained a Seller's Market.
Housing Prices in Whitley County, KY
How much do homes in Whitley County, KY cost?
Median Sold Price
$199,000
$49/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Whitley County was $199,000 in April 2024, up 9.8% from last year, and the median price per square foot was $49.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $95.5K | -17.0% |
2 Bedrooms | $116.5K | $135K | +15.9% |
3 Bedrooms | $175.5K | $189.9K | +8.2% |
4 Bedrooms | $231K | $229.9K | -0.5% |
5+ Bedrooms | $295K | $305K | +3.4% |
Summary: Whitley County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Counties
Whitley County | $181.1K | $199K | +9.8% |
Knox County | $159.9K | $170K | +6.3% |
Laurel County | $199.7K | $209.7K | +5.0% |
McCreary County | $144K | $151K | +4.9% |
Bell County | $125K | $129K | +3.2% |
Housing Supply in Whitley County, KY
How many homes are available in Whitley County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 | 134 | +4.7% |
Summary: The Whitley County real estate market had 134 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 15 | 22 | +46.7% |
3 Bedrooms | 84 | 79 | -6.0% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Whitley County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 46.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Whitley County in April 2024, up by 4.3% month-over-month. Of the 24 sold homes, 71% were sold under asking, 25% were sold at asking, and 4% were sold over asking.
Days on Market for Whitley County, KY
How long does it take to sell a home in Whitley County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 77 Days | +43.3% |
Summary: Homes in Whitley County had an average of 77 days on market in Apr 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Whitley County; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.