Elsmere, KY

Seller's market+8.0% YoY

Housing market overview · Updated weekly

$270,000median sale price

Homes sold

7

Last 12 weeks

Days on market

35

Average pace

Active listings

8

1.1 months supply

Sale-to-list

98.4%

Below asking

The Elsmere housing market is currently classified as a seller's market with a median sale price of $270,000. Prices have risen 8.0% compared to last year, with homes spending an average of 35 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Elsmere?

The median home sale price in Elsmere is $270,000, up 8.0% from last year.

How long do homes stay on market in Elsmere?

Homes typically spend 35 days on market before going under contract.

Is Elsmere a buyer's or seller's market?

With 1.1 months of supply, Elsmere is currently a seller's market.

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