Is Nancy, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nancy is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Nancy was a Seller's Market.

Key Takeaway

Nancy is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Nancy, KY

How much do homes in Nancy, KY cost?

Median Sold Price

$210,000

-

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in Nancy has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $119K$95.1K
-20.1%
2 $116.7K$146K
+25.1%
3 $242K$223K
-7.9%
4 $279K$245.7K
-11.9%
5+ $250K$515K
+106.0%

Summary: Nancy housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 25.1%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 106%.

Median Sold Price Compared To Nearby Cities

Nancy
0.0%
Burnside
-13.9%

Housing Supply in Nancy, KY

How many homes are available in Nancy, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3532-8.6%

Summary: The Nancy real estate market had 32 homes for sale in April 2024, a 8.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2219
-13.6%
4 1010
0.0%
5+ 11
0.0%

Summary: The Nancy 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 remained the same, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nancy, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Nancy in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Nancy, KY

How long does it take to sell a home in Nancy, KY?

Average Sale Time

Apr 2023Apr 2024CHANGE
74 Days54 Days-26.5%

Summary: Homes in Nancy had an average of 54 days on market in Apr 2024, down by 26.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nancy are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in Nancy; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 13 Days Ago

Newest Listings in Nancy, KY

Nearby Markets to Nancy, KY

What housing markets are near Nancy, KY?