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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calloway County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Calloway County was a Seller's Market.

Key Takeaway

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

Housing Prices in Calloway County, KY

How much do homes in Calloway County, KY cost?

Median Sold Price

$226,800

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$6,800(+3.1%)

Key Takeaway

Homes in Calloway County have sold for 3.1% more than they did a month ago.

Summary: The median home sold price in Calloway County was $226,800 in November 2024, up 3.1% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $149.5K$116K
-22.4%
3 $232.5K$221.5K
-4.7%
4 $200.2K$459.5K
+129.5%
5+ $349.5K-
N/A

Summary: Calloway County 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 decreased by 22.4%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 129.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Calloway County
+3.1%
Marshall County
-24.2%
Trigg County
-33.3%

Housing Supply in Calloway County, KY

How many homes are available in Calloway County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
140134-4.3%

Summary: The Calloway County real estate market had 134 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1413
-7.1%
3 6665
-1.5%
4 4644
-4.3%
5+ 1412
-14.3%

Summary: The Calloway County 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 decreased by 7.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3120-35.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calloway County, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Calloway County in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 65% were sold under asking, 15% were sold at asking, and 20% were sold over asking.

Days on Market for Calloway 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 17 Days Ago

Newest Listings in Calloway County, KY

Nearby Markets to Calloway County, KY

What housing markets are near Calloway County, KY?