Summer Shade, KY Home Values & Market Trends

Real estate market trends reflect that there have been 6 transactions over the past year in Summer Shade. The median value for residential home transactions that occurred over the previous year is $100,658.5. The number of current listings in Summer Shade is 5, and the percentage of properties for sale in the city is 5.00%. Summer Shade, KY currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Summer Shade, KY Real Estate Market Overview

ZipMedian Est. Value
42166

$ 81,636

$ 53/sqft

Housing Market Summary for Summer Shade, KY

Apr 2023March 2024Change
Median Listing Price$450K$159.9K-64.47%
Median Sold Price$65,000$159.9K145.98%
Homes For Sale116-45.45%
Homes Sold4650.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Summer Shade, KY

Summer Shade home values range from $12,159 to $1,121,207. The median estimated value of a home in Summer Shade is $100,658.5. The median list price of a home is 179,500, and the total count of properties in the city is 1,034.

Foreclosure
There is 1 zips within Summer Shade, KY; within this zips, the median estimated home value for homes in foreclosure ranges from $164,103 in 42166 to the lowest value of $164,103 in 42166. Foreclosure homes account for 0.00% of properties in Summer Shade, KY with 42166 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Summer Shade, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Summer Shade, KY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Summer Shade, KY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Summer Shade, KY. There is 1 zips within Summer Shade, KY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    42166 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Summer Shade, KY. Auction homes and other auction properties account for 0.10% of all properties in Summer Shade, KY. There is 1 zips within Summer Shade, KY; of that zips, the median estimated home value for homes going to auction ranges from $164,103 in 42166 to the lowest value of $164,103 in 42166.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in Summer Shade, KY with 42166 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Summer Shade, KY; homes for sale in that zips, have a range of median values from $98,000 in 42166 to the lowest value of $27,123 in 42166.
    Sold Homes
    The median value for recently sold homes ranges from $242,788 in 42166 to the lowest price of $46,679 in 42166. There is 1 zips within Summer Shade, KY. 42166 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.58% of properties in Summer Shade, KY.

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      Guide for Summer Shade, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Summer Shade, KY

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