JANUARY MARKET SNAPSHOTSTake a sneak peak at what the real estate market looks like in Franklin, Shelby and Anderson Counties in January compared to December. Are things trending up or down in your
What the News Won't Tell You About the Housing Market
Dated: June 5 2024
Views: 639
Here's what the data shows about the housing market...
For sellers:
In March 2024, U.S. home prices were up 4.8% compared to last year, selling for a median price of $420,321.
While today's rates are high compared to pandemic times, lower inventory is still keeping sellers in the driver's seat in most markets.
Sellers keep in mind, inventory rises the longer interest rates are held high. You have the upper hand (for now).
For buyers:
In the April meeting, the Fed decided not to introduce rate cuts, however, experts predict a 50% probability that come September 2024, they could be on the agenda.
Until then, as home inventory increases we could see downward pressure on price, benefitting buyers.
Curious how these insights translate to your property? Click here and I'll send over a customized CMA report for a price estimate of your home.
Cassidy Eden
Cassidy Eden, Your Expert REALTOR® for Residential and Equine Properties "Living Kentucky – From Porches to Pastures" Service: Cassidy Eden is your trusted Realtor® with a genuine....
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Here's what the data shows about the housing market...For sellers:In March 2024, U.S. home prices were up 4.8% compared to last year, selling for a median price of $420,321.While today's rates are
APRIL HOUSING MARKET SNAPSHOTKey Notes:Sales actually went down slightly in all areas except Franklin County. If we look at the areas where it went down, note the larger increase it new listings in
Data last updated: September 21, 2026 2:28 AM UTC and updating occurs daily
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