Is Boonesborough-White Hall, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boonesborough-White Hall is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Boonesborough-White Hall has remained a Seller's Market.

Key Takeaway

Boonesborough-White Hall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Boonesborough-White Hall, KY

How much do homes in Boonesborough-White Hall, KY cost?

Median Sold Price

$450,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$85,100(+23.3%)

Key Takeaway

Homes in Boonesborough-White Hall have sold for 23.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $235K$290K
+23.4%
3 $253K$375K
+48.2%
4 $425K$535K
+25.9%
5+ $582.5K$575K
-1.3%

Summary: Boonesborough-White Hall housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 48.2%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Cities

Boonesborough-White Hall
+23.3%
Ford-Boonesborough
+14.5%
Waco-Bybee
+7.5%
Waco
+3.3%

Housing Supply in Boonesborough-White Hall, KY

How many homes are available in Boonesborough-White Hall, KY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5954-8.5%

Summary: The Boonesborough-White Hall real estate market had 54 homes for sale in May 2024, a 8.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2322
-4.3%
4 2218
-18.2%
5+ 1313
0.0%

Summary: The Boonesborough-White Hall housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boonesborough-White Hall, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Boonesborough-White Hall in May 2024, up by 28.6% month-over-month. Of the 18 sold homes, 56% were sold under asking, 28% were sold at asking, and 17% were sold over asking.

Days on Market for Boonesborough-White Hall, KY

How long does it take to sell a home in Boonesborough-White Hall, KY?

Average Sale Time

May 2023May 2024CHANGE
38 Days32 Days-15.7%

Summary: Homes in Boonesborough-White Hall had an average of 32 days on market in May 2024, down by 15.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boonesborough-White Hall are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 18 homes were sold in Boonesborough-White Hall; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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