Is Conway, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conway is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Conway was a Seller's Market.

Key Takeaway

Conway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Conway, KY

How much do homes in Conway, KY cost?

Median Sold Price

$470,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$320,000(+213.3%)

Key Takeaway

Homes in Conway have sold for 213.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $150K-
N/A
3 $156K-
N/A
4 -$470K
N/A
5+ --
N/A

Summary: Conway 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Conway, KY

How many homes are available in Conway, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Conway real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 108
-20.0%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Conway housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conway, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Conway in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Conway, KY

How long does it take to sell a home in Conway, KY?

Average Sale Time

Oct 2024Nov 2024CHANGE
49 Days36 Days-27.0%

Summary: Homes in Conway had an average of 36 days on market in Nov 2024, down by 27% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Conway has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Conway; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Conway, KY

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