Is Calloway County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Calloway County has remained a Seller's Market.
Key Takeaway
Calloway County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Calloway County, KY
How much do homes in Calloway County, KY cost?
Median Sold Price
$249,900
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Calloway County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Calloway County was $249,900 in May 2024, up 5.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $67.5K | -56.5% |
| 2 Bedrooms | $115K | $138.2K | +20.2% |
| 3 Bedrooms | $218.5K | $239.8K | +9.7% |
| 4 Bedrooms | $360K | $354K | -1.7% |
| 5+ Bedrooms | $515K | $407K | -21.0% |
Summary: Calloway County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 21%.
Median Sold Price Compared To Nearby Counties
| Trigg County | $252K | $273K | +8.3% |
| Calloway County | $236K | $249.9K | +5.9% |
| Stewart County | $275K | $260K | -5.5% |
Housing Supply in Calloway County, KY
How many homes are available in Calloway County, KY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 120 | 136 | +13.3% |
Summary: The Calloway County real estate market had 136 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 61 | 64 | +4.9% |
| 4 Bedrooms | 32 | 41 | +28.1% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Calloway County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 32 | +52.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Calloway County, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Calloway County in May 2024, up by 52.4% month-over-month. Of the 32 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.
Days on Market for Calloway County, KY
How long does it take to sell a home in Calloway County, KY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 3 Days | -94.7% |
Summary: Homes in Calloway County had an average of 3 days on market in May 2024, down by 94.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Calloway County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 32 homes were sold in Calloway County; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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 2024 Western Kentucky Regional MLS, Inc.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.