Is District 4, 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, District 4 has remained a Seller's Market.
Housing Prices in District 4, KY
How much do homes in District 4, KY cost?
Median Sold Price
$297,906
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in District 4 was $297,906 in April 2024, up 12.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94K | $140K | +48.9% |
2 Bedrooms | $175.3K | $180K | +2.7% |
3 Bedrooms | $243K | $290.5K | +19.5% |
4 Bedrooms | $400K | $434.9K | +8.7% |
5+ Bedrooms | $459K | $438K | -4.6% |
Summary: District 4 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Neighborhoods
District 4 | $264.9K | $297.9K | +12.4% |
Oaks | $235K | $230K | -2.1% |
Housing Supply in District 4, KY
How many homes are available in District 4, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 78 | +16.4% |
Summary: The District 4 real estate market had 78 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 22 | 41 | +86.4% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 8 | 2 | -75.0% |
Summary: The District 4 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 86.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in District 4 in April 2024, up by 36.8% month-over-month. Of the 26 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for District 4, KY
How long does it take to sell a home in District 4, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 18 Days | +22.2% |
Summary: Homes in District 4 had an average of 18 days on market in Apr 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in District 4; 85% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.