Is Henry 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, Henry County has remained a Seller's Market.
Housing Prices in Henry County, KY
How much do homes in Henry County, KY cost?
Median Sold Price
$240,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Henry County was $240,000 in April 2024, up 14.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $34.9K | $145K | +314.9% |
2 Bedrooms | $156K | $171.2K | +9.7% |
3 Bedrooms | $214.9K | $231.5K | +7.7% |
4 Bedrooms | $269.5K | $332K | +23.2% |
5+ Bedrooms | $322.5K | $340K | +5.4% |
Summary: Henry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 314.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Counties
Henry County | $210K | $240K | +14.3% |
Carroll County | $170K | $189K | +11.2% |
Franklin County | $230.2K | $230K | -0.1% |
Trimble County | $211.2K | $197.5K | -6.5% |
Housing Supply in Henry County, KY
How many homes are available in Henry County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 53 | -7.0% |
Summary: The Henry County real estate market had 53 homes for sale in April 2024, a 7.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 31 | 31 | 0.0% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Henry County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 17 | +112.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Henry County in April 2024, up by 112.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 29% were sold at asking, and 35% were sold over asking.
Days on Market for Henry County, KY
How long does it take to sell a home in Henry County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 19 Days | +280.0% |
Summary: Homes in Henry County had an average of 19 days on market in Apr 2024, up by 280% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Henry County; 6% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.