$125,000
305 Highway 56
Beech Grove, KY
4 bd2 ba1,680 sqft$74/ft²
Mobile home1.00 acres
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Sarah Mitchell
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Compass Real Estate · Beech Grove, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Beech Grove, KY(512) 555-0184TX License #0512847
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Beech Grove, KY Housing Market
Leaning buyer's
Redfin, through March 2024 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $265,000 (through May 2026). With homes going under contract in about 25 days, Beech Grove is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $265,000 home is about $1,415/mo in principal and interest.
Key numbers for Beech Grove, KY
Median sale price
$265,000
Last published period
Redfin, through March 2024
Days on market
25
Average pace
Redfin, through March 2024
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$145,121
Home costs 1.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.7%
Selling below asking
Redfin, through March 2024
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Beech Grove a buyer's or seller's market?
Leaning buyer's25 days on market94.7% of asking
Beech Grove, KY is a leaning buyer's and homes selling in about 25 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Beech Grove housing market data show?
Every row below is Redfin's final published month for Beech Grove, KY. Redfin, through March 2024
| Metric | Value |
|---|---|
| Median sale price | $265,000 |
| Median price per sq ft | $119/sq ft |
| Median days on market | 25 days |
| Sale-to-list price ratio | 94.7% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Beech Grove is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Beech Grove is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Beech Grove home prices moved?
Across the 5 months we hold for Beech Grove, KY, the median sale price rose 292.6%, from $67,500 in April 2022 to $265,000.
Redfin, through March 2024 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Beech Grove?
Priced off the median sale price of $265,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $53,000 | $212,000 | $1,415/mo |
| 5% | $13,250 | $251,750 | $1,680/mo |
Redfin, through March 2024 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,415, that implies roughly $60,631 a year before you add taxes and insurance. The median household in Beech Grove earns $145,121, about $84,490 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.8x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Beech Grove in the next 12 months?
Tell us your timeline. We send the Beech Grove market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Beech Grove?
Zillow does not publish a rent index (ZORI) for Beech Grove, KY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Beech Grove?
We hold fewer than two months of inventory readings for Beech Grove, KY, so there is no trend to report yet.
How does Beech Grove compare to Kentucky and the U.S.?
Beech Grove homes sell for $265,000 — 7% below the Kentucky median of $284,400. Against the national median of $410,700, Beech Grove runs 35% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Beech Grove, KY | $265,000 | not published | 25 days |
| Kentucky statewide | $284,400 | +2.3% | 45 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2024 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Beech Grove
What buyers should watch
- The gap between 5% and 20% down here is $265 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $265,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Beech Grove listing goes under contract in 25 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Beech Grove varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Beech Grove
Explore homes currently listed for sale in Beech Grove, Kentucky across major real estate platforms.
Looking to buy in Beech Grove?
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Sale-to-list:94.7%
Who lives in Beech Grove?
American Community Survey estimates for Beech Grove. U.S. Census ACS, 2023
Population
180
Households
59
Median income
$145,121/yr
Median age
28.4 years
Owner-occupied
100.0%
Median home value
$137,500
100.0% of occupied homes in Beech Grove are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Beech Grove, KY?
Ordered by distance from Beech Grove, not by size. Compare Beech Grove side by side with any of them.
Beech Grove housing market FAQ
Is Beech Grove a buyer's or seller's market?
Beech Grove, KY is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Beech Grove?
The median sale price in the last month Redfin published was $265,000, about $119 per square foot.
Is Beech Grove cheaper than the rest of Kentucky?
Beech Grove's median sale price of $265,000 is 7% lower than the Kentucky statewide median of $284,400, and 35% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Beech Grove?
Homes in Beech Grove, KY spent a median of 25 days on market before going under contract, versus 45 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Beech Grove?
At the current 30-year fixed rate of 7.03%, 20% down on a $265,000 home is about $1,415 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $60,631 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $145,121.
Are home prices rising in Beech Grove?
We do not hold a complete 12-month value series for Beech Grove, KY yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Beech Grove?
Beech Grove ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Beech Grove?
That depends on your timeline, not on a headline. What the data says today: Beech Grove, KY is a leaning buyer's, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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