Is East Bernstadt, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Bernstadt was a Seller's Market.
Housing Prices in East Bernstadt, KY
How much do homes in East Bernstadt, KY cost?
Median Sold Price
$166,500
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $203K | +45.0% |
2 Bedrooms | $172.5K | $105K | -39.1% |
3 Bedrooms | $206.5K | $165K | -20.1% |
4 Bedrooms | $290K | $189.2K | -34.7% |
5+ Bedrooms | - | $479.5K | N/A |
Summary: East Bernstadt housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes decreased by 39.1%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes decreased by 34.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mc Kee | $144.5K | $175K | +21.1% |
East Bernstadt | $194K | $166.5K | -14.2% |
Colony | $251K | $190K | -24.3% |
Housing Supply in East Bernstadt, KY
How many homes are available in East Bernstadt, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Summary: The East Bernstadt real estate market had 19 homes for sale in April 2024, a 9.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Bernstadt 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Bernstadt in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for East Bernstadt, KY
How long does it take to sell a home in East Bernstadt, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 53 Days | +77.4% |
Summary: Homes in East Bernstadt had an average of 53 days on market in Apr 2024, up by 77.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in East Bernstadt; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.