Is Woodford County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Woodford County has remained a Seller's Market.
Housing Prices in Woodford County, KY
How much do homes in Woodford County, KY cost?
Median Sold Price
$341,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Woodford County was $341,500 in March 2024, up 13.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $280K | +154.5% |
2 Bedrooms | $186K | $247.5K | +33.1% |
3 Bedrooms | $265K | $280K | +5.7% |
4 Bedrooms | $388K | $424K | +9.3% |
5+ Bedrooms | $512.5K | $600K | +17.1% |
Summary: Woodford County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 154.5%, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Counties
Woodford County | $300.5K | $341.5K | +13.6% |
Scott County | $279.9K | $305K | +8.9% |
Anderson County | $227.9K | $241.5K | +6.0% |
Franklin County | $224.8K | $235K | +4.5% |
Mercer County | $219.2K | $229K | +4.4% |
Housing Supply in Woodford County, KY
How many homes are available in Woodford County, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 53 | -7.0% |
Summary: The Woodford County real estate market had 53 homes for sale in March 2024, a 7.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 28 | 25 | -10.7% |
4 Bedrooms | 23 | 17 | -26.1% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Woodford 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 decreased by 10.7%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 14 | -22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Woodford County in March 2024, down by 22.2% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Woodford County, KY
How long does it take to sell a home in Woodford County, KY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 50 Days | +73.5% |
Summary: Homes in Woodford County had an average of 50 days on market in Mar 2024, up by 73.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Woodford County; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.