Is District 6, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, District 6 has remained a Seller's Market.
Housing Prices in District 6, KY
How much do homes in District 6, KY cost?
Median Sold Price
$275,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in District 6 was $275,000 in May 2024, up 7.4% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $208K | $250K | +20.2% |
3 Bedrooms | $230.3K | $261.2K | +13.4% |
4 Bedrooms | $420K | $445K | +6.0% |
5+ Bedrooms | $645K | $725K | +12.4% |
Summary: District 6 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 20.2%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Neighborhoods
Eastland Parkway | $230.3K | $265K | +15.1% |
Bryan Station | $213K | $235K | +10.3% |
District 6 | $256K | $275K | +7.4% |
Housing Supply in District 6, KY
How many homes are available in District 6, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 80 | +11.1% |
Summary: The District 6 real estate market had 80 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 9 | +125.0% |
3 Bedrooms | 39 | 39 | 0.0% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The District 6 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 increased by 125%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 18 | -21.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in District 6 in May 2024, down by 21.7% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for District 6, KY
How long does it take to sell a home in District 6, KY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 21 Days | -21.2% |
Summary: Homes in District 6 had an average of 21 days on market in May 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in District 6; 83% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.