More Starter Homes Are Hitting the Market

More Entry-Level Homes Are Hitting the Market in Greater Cincinnati, Northern Kentucky, and Southeast Indiana

If you’ve been searching for homes for sale in Greater Cincinnati, Northern Kentucky, or Southeast Indiana, there’s good news! Entry-level homes – often referred to as starter homes – are becoming more available. After years of limited inventory and rising prices, first-time buyers finally have more opportunities to enter the market.

Inventory Is Increasing – Especially at Lower Price Points

The total supply of homes for sale has improved significantly over the past year. According to Realtor.com, November saw a 26.2% increase in available homes compared to the same time last year. This marks 13 consecutive months of inventory growth and the highest number of homes available since December 2019.

However, not all price points are experiencing the same growth. Data from Redfin shows that starter homes have seen the biggest increase in inventory (see graph below):

For first-time buyers who’ve been waiting for the right opportunity, now may be the perfect time to make your move. With more starter homes entering the market, you have better chances of finding a home that fits your budget and needs.

How an Experienced Real Estate Agent Can Help You Find a Starter Home

Finding the ideal starter home in Greater Cincinnati, Northern Kentucky, or Southeast Indiana can feel overwhelming, but a knowledgeable local real estate agent simplifies the process. Here’s how they can help:

• Stay Updated on Listings: Your agent monitors the latest starter home listings so you don’t miss out on opportunities.
• Tailored Home Searches: They’ll focus on properties that meet your budget and needs, saving you time and energy.
• Expert Negotiation: Your agent will guide you in making competitive offers and negotiating the best possible deal.
• Handle the Details: From managing paperwork to meeting deadlines, they ensure your transaction stays on track.
• Provide Expert Advice: Whether you have questions about pricing, inspections, or the closing process, your agent will provide valuable insights every step of the way.

Bottom Line

Starter homes are making a strong comeback in Greater Cincinnati, Northern Kentucky, and Southeast Indiana. If you’re asking, “How do I find homes for sale?” or thinking, “I’m ready to sell my house,” now is an excellent time to act.

A local real estate expert can help you navigate the market, whether you’re ready to visit listings or simply want advice on your next steps. Reach out today to take advantage of these new opportunities!