Is Lyon County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyon County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lyon County has remained a Seller's Market.

Key Takeaway

Lyon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lyon County, KY

How much do homes in Lyon County, KY cost?

Median Sold Price

$392,500

$152/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$102,500(+35.3%)

Key Takeaway

Homes in Lyon County have sold for 35.3% more than they did a month ago.

Summary: The median home sold price in Lyon County was $392,500 in April 2024, up 35.3% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $105K$287.5K
+173.8%
3 $238.7K$270K
+13.1%
4 $699.9K-
N/A
5+ $699.9K$702.5K
0.4%

Summary: Lyon County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 173.8%, 3 bedroom homes increased by 13.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Counties

Crittenden County
+87.7%
Livingston County
+65.6%
Trigg County
+56.3%
Lyon County
+35.3%
Caldwell County
-16.4%

Housing Supply in Lyon County, KY

How many homes are available in Lyon County, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4350+16.3%

Summary: The Lyon County real estate market had 50 homes for sale in April 2024, a 16.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1822
+22.2%
4 1715
-11.8%
5+ 58
+60.0%

Summary: The Lyon County 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 22.2%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyon County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Lyon County in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Lyon County, KY

We’re sorry, we don't have information for this market at the moment

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 Lyon County, KY

Nearby Markets to Lyon County, KY

What housing markets are near Lyon County, KY?