Is Mc Kee, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Kee is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mc Kee was a Neutral Market.

Key Takeaway

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

Housing Prices in Mc Kee, KY

How much do homes in Mc Kee, KY cost?

Median Sold Price

$172,400

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$62,400(+56.7%)

Key Takeaway

Homes in Mc Kee have sold for 56.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$78K
-22.0%
2 $122.5K$146.1K
+19.3%
3 $93.7K$182.5K
+94.6%
4 $172.2K$300.2K
+74.3%
5+ $233.1K$162.5K
-30.3%

Summary: Mc Kee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 94.6%, 4 bedroom homes increased by 74.3%, and 5+ bedroom homes decreased by 30.3%.

Housing Supply in Mc Kee, KY

How many homes are available in Mc Kee, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The Mc Kee real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 11
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 22
0.0%

Summary: The Mc Kee 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were 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 Mc Kee, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mc Kee in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mc Kee, KY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
95 Days182 Days+91.3%

Summary: Homes in Mc Kee had an average of 182 days on market in Oct 2024, up by 91.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mc Kee are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Mc Kee; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 14 Days Ago

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