Is Keavy, 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, Keavy has remained a Seller's Market.
Housing Prices in Keavy, KY
How much do homes in Keavy, KY cost?
Median Sold Price
$229,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Keavy was $229,000 in May 2024, down 2.6% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $134.5K | $142.5K | +5.9% |
3 Bedrooms | $225K | $219.7K | -2.3% |
4 Bedrooms | $274.2K | $326K | +18.9% |
5+ Bedrooms | $210K | $537.5K | +156.0% |
Summary: Keavy 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 5.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 156%.
Median Sold Price Compared To Nearby Cities
North Corbin | $184.5K | $199K | +7.9% |
Keavy | $235K | $229K | -2.6% |
Colony | $251K | $200K | -20.3% |
Housing Supply in Keavy, KY
How many homes are available in Keavy, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 40 | -13.0% |
Summary: The Keavy real estate market had 40 homes for sale in May 2024, a 13.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 32 | 26 | -18.8% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Keavy 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 18.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Keavy in May 2024, down by 14.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Keavy, KY
How long does it take to sell a home in Keavy, KY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 45 Days | +101.5% |
Summary: Homes in Keavy had an average of 45 days on market in May 2024, up by 101.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Keavy; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.