Is Nelson County, 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, Nelson County has remained a Seller's Market.
Housing Prices in Nelson County, KY
How much do homes in Nelson County, KY cost?
Median Sold Price
$255,354
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Nelson County was $255,354 in April 2024, up 6.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $148.7K | N/A |
2 Bedrooms | $169K | $186K | +10.1% |
3 Bedrooms | $237K | $259.9K | +9.6% |
4 Bedrooms | $329.7K | $324.9K | -1.5% |
5+ Bedrooms | $399.9K | $435K | +8.8% |
Summary: Nelson County 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 10.1%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Counties
Washington County | $180.7K | $232K | +28.4% |
Spencer County | $345K | $372.5K | +8.0% |
Nelson County | $240K | $255.3K | +6.4% |
Bullitt County | $265.1K | $277.6K | +4.7% |
Housing Supply in Nelson County, KY
How many homes are available in Nelson County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
202 | 197 | -2.5% |
Summary: The Nelson County real estate market had 197 homes for sale in April 2024, a 2.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 22 | 24 | +9.1% |
3 Bedrooms | 151 | 137 | -9.3% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Nelson 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 9.1%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 55 | +10.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Nelson County in April 2024, up by 10.0% month-over-month. Of the 55 sold homes, 58% were sold under asking, 22% were sold at asking, and 20% were sold over asking.
Days on Market for Nelson County, KY
How long does it take to sell a home in Nelson County, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 55 homes were sold in Nelson County; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.