Is Pond Creek, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pond Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Pond Creek has remained a Seller's Market.

Key Takeaway

Pond Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pond Creek, KY

How much do homes in Pond Creek, KY cost?

Median Sold Price

$229,962

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,529(+6.7%)

Key Takeaway

Homes in Pond Creek have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Pond Creek was $229,962 in April 2024, up 6.7% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $85.9K$140.9K
+63.9%
2 $149.9K$169.9K
+13.3%
3 $212.3K$227.5K
+7.2%
4 $283.2K$282.3K
-0.3%
5+ $430K$295K
-31.4%

Summary: Pond Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 31.4%.

Median Sold Price Compared To Nearby Cities

Shively
+7.5%
Pond Creek
+6.7%
North Dixie
+6.0%
Louisville South
+2.0%

Housing Supply in Pond Creek, KY

How many homes are available in Pond Creek, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
130128-1.5%

Summary: The Pond Creek real estate market had 128 homes for sale in April 2024, a 1.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 1210
-16.7%
3 7975
-5.1%
4 3034
+13.3%
5+ 87
-12.5%

Summary: The Pond Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4627-41.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pond Creek, expect to pay close to the asking price. 37% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in Pond Creek in April 2024, down by 41.3% month-over-month. Of the 27 sold homes, 30% were sold under asking, 37% were sold at asking, and 33% were sold over asking.

Days on Market for Pond Creek, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Pond Creek, KY

Nearby Markets to Pond Creek, KY

What housing markets are near Pond Creek, KY?