Is Middlesborough, 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, Middlesborough has remained a Seller's Market.
Housing Prices in Middlesborough, KY
How much do homes in Middlesborough, KY cost?
Median Sold Price
$110,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Middlesborough was $110,000 in April 2024, down 1.1% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | - | N/A |
2 Bedrooms | $87K | $67.5K | -22.4% |
3 Bedrooms | $130K | $129K | -0.8% |
4 Bedrooms | $132K | $188.5K | +42.8% |
5+ Bedrooms | $200K | $412.5K | +106.3% |
Summary: Middlesborough housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 42.8%, and 5+ bedroom homes increased by 106.3%.
Median Sold Price Compared To Nearby Cities
Middlesborough | $111.2K | $110K | -1.1% |
Middlesboro | $120K | $115K | -4.2% |
Housing Supply in Middlesborough, KY
How many homes are available in Middlesborough, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 47 | +6.8% |
Summary: The Middlesborough real estate market had 47 homes for sale in April 2024, a 6.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Middlesborough 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 increased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 13 | +100.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Middlesborough in April 2024, up by 100.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% were sold over asking.
Days on Market for Middlesborough, KY
How long does it take to sell a home in Middlesborough, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 79 Days | +105.0% |
Summary: Homes in Middlesborough had an average of 79 days on market in Apr 2024, up by 105% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Middlesborough; 54% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.