Is District 9, 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, District 9 has remained a Seller's Market.
Housing Prices in District 9, KY
How much do homes in District 9, KY cost?
Median Sold Price
$335,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in District 9 was $335,500 in April 2024, up 5.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $204K | $218K | +6.9% |
3 Bedrooms | $285.6K | $315K | +10.3% |
4 Bedrooms | $377.4K | $400K | +6.0% |
5+ Bedrooms | $447.5K | $500K | +11.7% |
Summary: District 9 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 6.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Neighborhoods
District 9 | $316.7K | $335.5K | +5.9% |
Monticello | $285K | $285K | 0.0% |
Housing Supply in District 9, KY
How many homes are available in District 9, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 70 | +4.5% |
Summary: The District 9 real estate market had 70 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 30 | 33 | +10.0% |
4 Bedrooms | 31 | 26 | -16.1% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The District 9 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in District 9 in April 2024, up by 3.7% month-over-month. Of the 28 sold homes, 39% were sold under asking, 32% were sold at asking, and 29% were sold over asking.
Days on Market for District 9, KY
How long does it take to sell a home in District 9, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 9 Days | -37.9% |
Summary: Homes in District 9 had an average of 9 days on market in Apr 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in District 9; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.