Elsmere, KY Housing Market & Real Estate

Seller's market+8.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Elsmere, KY is $270,000, up 8.0% year-over-year. Homes sell in an average of 35 days with 8 active listings. The market is currently a seller's market.

$270,000median sale price

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

Seller's market1.1 months of supply35 avg. days on market

Elsmere, KY is currently a seller's market, based on 1.1 months of supply and homes selling in about 35 days. How we determine this →

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

Elsmere, KY market data

Current housing market statistics for Elsmere, KY
MetricValue
Median sale price$270,000
Median list price$249,500
Year-over-year price change+8.0%
Average days on market35 days
Active inventory8 listings
Months of supply1.1 months
Sale-to-list price ratio98.4%
Market conditionSeller's market

Source: Redfin · Updated weekly

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

Homes for sale in Elsmere

There are currently 8 homes listed for sale in Elsmere, Kentucky. The median listing price is $250K.

Active listings

8

Homes on market

Median list price

$250K

Avg. days on market

35

Days until sale

New this week

10

Newly listed

Price drops:50.0%of listings
Sale-to-list:98.4%

Top public schools in Elsmere

1 schools tracked · 280 students

The largest public schools serving Elsmere, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Howell Elementary School

Grades K-5 · 280 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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