$29,000
1.23 Acres
Land
Janette DeWitt, Listing Office: Kopperud Realty
Is Calloway County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$220,000
$134/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$40,000(-15.4%)
Key Takeaway
Homes in Calloway County have sold for 15.4% less than they did a month ago.
Summary: The median home sold price in Calloway County was $220,000 in October 2024, down 15.4% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $149.5K | -16.9% |
| 3 Bedrooms | $260K | $232.5K | -10.6% |
| 4 Bedrooms | $357.2K | $200.2K | -43.9% |
| 5+ Bedrooms | $345K | $349.5K | +1.3% |
Summary: Calloway County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.9%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 43.9%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Counties
| Marshall County | $285K | $245K | -14.0% |
| Calloway County | $260K | $220K | -15.4% |
| Trigg County | $322.5K | $187.5K | -41.9% |
Housing Supply in Calloway County, KY
How many homes are available in Calloway County, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 152 | 146 | -3.9% |
Summary: The Calloway County real estate market had 146 homes for sale in October 2024, a 3.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 73 | 69 | -5.5% |
| 4 Bedrooms | 49 | 46 | -6.1% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Calloway County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 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. 71% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Calloway County in October 2024, up by 10.3% month-over-month. Of the 31 sold homes, 71% were sold under asking, 16% were sold at asking, and 13% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 36 Days | +300.0% |
Summary: Homes in Calloway County had an average of 36 days on market in Oct 2024, up by 300% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Calloway County has remained consistent over time.
Summary: During October 2024, 32 homes were sold in Calloway County; 0% of homes were sold within 30 days, 3% 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.
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