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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McCracken County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, McCracken County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in McCracken County, KY

How much do homes in McCracken County, KY cost?

Median Sold Price

$213,700

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,800(-0.8%)

Key Takeaway

Homes in McCracken County have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in McCracken County was $213,700 in November 2024, down 0.8% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125.5K$132K
+5.2%
2 $110K$115K
+4.5%
3 $199.3K$207.6K
+4.1%
4 $315K$323K
+2.5%
5+ $489.9K$413.9K
-15.5%

Summary: McCracken County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Counties

Massac County
+22.4%
McCracken County
-0.8%

Housing Supply in McCracken County, KY

How many homes are available in McCracken County, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
290274-5.5%

Summary: The McCracken County real estate market had 274 homes for sale in November 2024, a 5.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 4946
-6.1%
3 139139
0.0%
4 6757
-14.9%
5+ 3229
-9.4%

Summary: The McCracken 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 6.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 9.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7758-24.7%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McCracken County, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in McCracken County in November 2024, down by 24.7% month-over-month. Of the 54 sold homes, 59% were sold under asking, 30% were sold at asking, and 11% were sold over asking.

Days on Market for McCracken County, KY

We’re sorry, we don't have information for this market at the moment

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in McCracken County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 58 homes were sold in McCracken County; 2% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in McCracken County, KY

Nearby Markets to McCracken County, KY

What housing markets are near McCracken County, KY?