Is Woodford 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, Woodford County has remained a Seller's Market.
Housing Prices in Woodford County, KY
How much do homes in Woodford County, KY cost?
Median Sold Price
$339,750
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodford County was $339,750 in April 2024, up 9.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | - | N/A |
2 Bedrooms | $189K | $247.5K | +31.0% |
3 Bedrooms | $269K | $275.5K | +2.4% |
4 Bedrooms | $400K | $424K | +6.0% |
5+ Bedrooms | $520K | $580K | +11.5% |
Summary: Woodford 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 increased by 31%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Counties
Scott County | $281.1K | $310K | +10.3% |
Woodford County | $310K | $339.7K | +9.6% |
Anderson County | $229.9K | $242.5K | +5.5% |
Mercer County | $220K | $229.5K | +4.3% |
Franklin County | $230.2K | $230K | -0.1% |
Housing Supply in Woodford County, KY
How many homes are available in Woodford County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 63 | +16.7% |
Summary: The Woodford County real estate market had 63 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 26 | 31 | +19.2% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Woodford County 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 increased by 150%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Woodford County in April 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for Woodford County, KY
How long does it take to sell a home in Woodford County, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 82 Days | +52.5% |
Summary: Homes in Woodford County had an average of 82 days on market in Apr 2024, up by 52.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Woodford County; 64% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.