Is Rockcastle County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rockcastle County was a Seller's Market.
Housing Prices in Rockcastle County, KY
How much do homes in Rockcastle County, KY cost?
Median Sold Price
$163,750
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rockcastle County was $163,750 in April 2024, up 2% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $105.7K | $77.5K | -26.7% |
3 Bedrooms | $162K | $160K | -1.2% |
4 Bedrooms | $253.9K | $185.9K | -26.8% |
5+ Bedrooms | $240K | $630K | +162.5% |
Summary: Rockcastle County 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 26.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes increased by 162.5%.
Median Sold Price Compared To Nearby Counties
Lincoln County | $180K | $195K | +8.3% |
Madison County | $259.9K | $279.9K | +7.7% |
Laurel County | $199.7K | $209.7K | +5.0% |
Rockcastle County | $160.5K | $163.7K | +2.0% |
Jackson County | $164.7K | $167.4K | +1.6% |
Housing Supply in Rockcastle County, KY
How many homes are available in Rockcastle County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Summary: The Rockcastle County real estate market had 30 homes for sale in April 2024, a 36.4% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Rockcastle County 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 100%, 3 bedroom homes increased by 38.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Rockcastle County in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Rockcastle County, KY
How long does it take to sell a home in Rockcastle County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 22 Days | -40.7% |
Summary: Homes in Rockcastle County had an average of 22 days on market in Apr 2024, down by 40.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Rockcastle County; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.