Elsmere Housing Market Report January 2025•Kenton County, Kentucky

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Housing Prices in Elsmere, KY

How much do homes in Elsmere, KY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$205,000$210/SqFt
-$49,900
-19.6%

Based on all homes listed in January 2025

Insight

The list price of homes in Elsmere has decreased by 19.6% since December.

Summary: The median home list price in Elsmere was $205,000 in January 2025, down 19.6% from the previous month, and the median price per square foot was $210.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Independence
-3.7%
Elsmere
-19.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$164K$147K
-10.4%
3$254.9K$244.4K
-4.1%
4-$207.5K
N/A
5$265K$265K
0.0%

Summary: Elsmere housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -10.4%. The home price for 3 bedroom homes decreased by -4.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Elsmere, KY

How many homes are available in Elsmere, KY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
17Last MonthJan 2025
102 months agoDec 2024
+70.0 %
Change MoMDec – Jan

Summary: The Elsmere real estate market had 17 homes for sale in Jan 2025, a 70.0 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
214
+300.0%
3810
+25.0%
402
+100.0%
511
0.0%

Summary: Elsmere housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +300.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Elsmere, KY

How long does it take to sell a home in Elsmere, KY?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
55 DaysLast MonthJan 2025
53 Days1 month agoDec 2024
+4.8 %
Change MoMDec – Jan

Summary: Homes in Elsmere had an average listing age of 55 days in Jan 2025, up by 4.8% compared to the previous month.

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Newest Listings in Elsmere, KY

What homes are available in Elsmere, KY?

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Nearby markets

Popular Cities with Homes for Sale in Kentucky

MLS Disclaimers and Copyright

Based on information from Northern Kentucky MLS, for the period 12/01/2024 - 02/01/2025

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. (NKMLS). Real estate listings held by other brokerage firms are marked with the Broker Reciprocity Logo and detailed information about them includes the name of the listing broker. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. MLS content and images © Copyright ©2025, Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.