Is McCracken County, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McCracken County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, McCracken County has remained a Seller's Market.

Key Takeaway

McCracken County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in McCracken County, KY

How much do homes in McCracken County, KY cost?

Median Sold Price

$215,000

$120/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$21,900(-9.2%)

Key Takeaway

Homes in McCracken County have sold for 9.2% less than they did a month ago.

Summary: The median home sold price in McCracken County was $215,000 in May 2024, down 9.2% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $236.9K$23K
-90.3%
2 $82K$80K
-2.5%
3 $237.4K$215K
-9.5%
4 $314.9K$305.5K
-3.0%
5+ $422.9K$310K
-26.7%

Summary: McCracken County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 90.3%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 26.7%.

Median Sold Price Compared To Nearby Counties

McCracken County
-9.2%
Marshall County
-20.0%
Livingston County
-35.9%

Housing Supply in McCracken County, KY

How many homes are available in McCracken County, KY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
242249+2.9%

Summary: The McCracken County real estate market had 249 homes for sale in May 2024, a 2.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 3534
-2.9%
3 120117
-2.5%
4 6268
+9.7%
5+ 2126
+23.8%

Summary: The McCracken 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 decreased by 2.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 23.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6163+3.3%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McCracken County, you may be able to get a good deal. 51.8% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in McCracken County in May 2024, up by 3.3% month-over-month. Of the 56 sold homes, 52% were sold under asking, 20% were sold at asking, and 29% were sold over asking.

Days on Market for McCracken County, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in McCracken County, KY

Nearby Markets to McCracken County, KY

What housing markets are near McCracken County, KY?