Is Wilmore, 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, Wilmore has remained a Seller's Market.
Housing Prices in Wilmore, KY
How much do homes in Wilmore, KY cost?
Median Sold Price
$295,000
-
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 | - | $165.6K | N/A |
2 Bedrooms | $242.5K | $230K | -5.2% |
3 Bedrooms | $208K | $265K | +27.4% |
4 Bedrooms | $475K | $360.5K | -24.1% |
5+ Bedrooms | $567.5K | $345K | -39.2% |
Summary: Wilmore 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 decreased by 5.2%, 3 bedroom homes increased by 27.4%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes decreased by 39.2%.
Housing Supply in Wilmore, KY
How many homes are available in Wilmore, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 18 | +20.0% |
Summary: The Wilmore real estate market had 18 homes for sale in April 2024, a 20.0% 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 | 3 | 0.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Wilmore 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 increased by 57.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Wilmore in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Wilmore, KY
How long does it take to sell a home in Wilmore, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 28 Days | +302.3% |
Summary: Homes in Wilmore had an average of 28 days on market in Apr 2024, up by 302.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Wilmore; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.