Oak Grove-Pembroke Housing Market Report January 2025Christian County, Kentucky

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Housing Prices in Oak Grove-Pembroke, KY

How much do homes in Oak Grove-Pembroke, KY cost?

Housing Market Conditions

Is Oak Grove-Pembroke, KY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Oak Grove-Pembroke is a Neutral Market

Difference Since January 2024

At the same time last year, Oak Grove-Pembroke was a Seller's Market.

Insight

Oak Grove-Pembroke is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$220,000$188/SqFt
+$12,000
+5.8%

Based on all homes sold in the last 12 months

Insight

Homes in Oak Grove-Pembroke have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Oak Grove-Pembroke was $220,000 in January 2025, up 5.8% from last year, and the median price per square foot was $188.

Median Sold Price By Cities

Median Sold 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
Hopkinsville
+12.5%
Oak Grove-Pembroke
+5.8%
Oak Grove
+4.7%

Median Sold Price By Bedrooms

Median Sold 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.
BedsJan 2024Jan 2025Change YoY
1-$59.4K
N/A
2$151.5K$164.5K
+8.6%
3$209K$222K
+6.2%
4$349K$265K
-24.1%
5--
N/A

Summary: Oak Grove-Pembroke 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 increased by +8.6%. The home price for 3 bedroom homes increased by +6.2%. The home price for 4 bedroom homes decreased by -24.1%. The home price for 5 bedroom homes did not change.

Housing supply in Oak Grove-Pembroke, KY

How many homes are available in Oak Grove-Pembroke, 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
51Last MonthJan 2025
532 months agoDec 2024
-3.8 %
Change MoMDec – Jan

Summary: The Oak Grove-Pembroke real estate market had 51 homes for sale in Jan 2025, a 3.8 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthJan 2025
152 months agoDec 2024
-46.7 %
Change MoMDec – Jan

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%
241
-75.0%
34647
+2.2%
422
0.0%
511
0.0%

Summary: Oak Grove-Pembroke 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 decreased by -75.0%. The inventory for 3 bedroom homes increased by +2.2%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Oak Grove-Pembroke, KY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price6 Homes

Under Asking Price1 Home

Insight

If you're buying a home in Oak Grove-Pembroke, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Oak Grove-Pembroke in January 2025, down by 46.7% month-over-month. Of the 8 sold homes, 13% were sold under asking, 75% were sold at asking, and and 13% were sold over asking.

Days on Market for Oak Grove-Pembroke, KY

How long does it take to sell a home in Oak Grove-Pembroke, KY?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in Oak Grove-Pembroke are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 8 homes were sold in Oak Grove-Pembroke; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
19 DaysThis YearJan 2025
46 Days1 year agoJan 2024
-58.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Oak Grove-Pembroke had an average listing age of 19 days in Jan 2025, down by 58.0% compared to the previous year.

Newest Listings in Oak Grove-Pembroke, KY

What homes are available in Oak Grove-Pembroke, KY?

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Western Kentucky Regional MLS for the period 02/01/2023 - 02/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:18:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2025 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.