Is Russell, 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, Russell was a Neutral Market.
Housing Prices in Russell, KY
How much do homes in Russell, KY cost?
Median Sold Price
$96,750
$67/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Russell was $96,750 in April 2024, up 17.6% from last year, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $45K | N/A |
2 Bedrooms | $41.2K | $39K | -5.5% |
3 Bedrooms | $112K | $102K | -8.9% |
4 Bedrooms | $67.4K | $118.4K | +75.6% |
5+ Bedrooms | $187K | $214.5K | +14.7% |
Summary: Russell 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 5.5%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 75.6%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Neighborhoods
Portland | $61K | $75K | +23.0% |
Russell | $82.2K | $96.7K | +17.6% |
Downtown | $319.2K | $304K | -4.8% |
Housing Supply in Russell, KY
How many homes are available in Russell, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The Russell real estate market had 29 homes for sale in April 2024, a 31.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Russell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Russell in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Russell, KY
We’re sorry, we don't have information for this market at the moment