$69,900
0.54 Acres
Land
Crystal McCoy, Listing Office: Keller Williams Experience Realty Paducah Branch
Is Cadiz, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cadiz was a Seller's Market.
Key Takeaway
Cadiz is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cadiz, KY
How much do homes in Cadiz, KY cost?
Median Sold Price
$224,900
$169/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$29,900(+15.3%)
Key Takeaway
Homes in Cadiz have sold for 15.3% more than they did a month ago.
Summary: The median home sold price in Cadiz was $224,900 in November 2024, up 15.3% from last month, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $50K | $120.7K | +141.5% |
| 3 Bedrooms | $197.4K | $234.9K | +19.0% |
| 4 Bedrooms | $180K | - | N/A |
| 5+ Bedrooms | $645K | $855.5K | +32.6% |
Summary: Cadiz housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 141.5%, 3 bedroom homes increased by 19%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 32.6%.
Housing Supply in Cadiz, KY
How many homes are available in Cadiz, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 83 | -5.7% |
Summary: The Cadiz real estate market had 83 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 45 | 39 | -13.3% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Cadiz housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 5 | -70.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cadiz, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Cadiz in November 2024, down by 70.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Cadiz, KY
How long does it take to sell a home in Cadiz, KY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 3 Days | -82.9% |
Summary: Homes in Cadiz had an average of 3 days on market in Nov 2024, down by 82.9% compared to last month.
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 Cadiz are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Cadiz; 20% 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.