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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McCreary County is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, McCreary County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in McCreary County, KY

How much do homes in McCreary County, KY cost?

Median Sold Price

$153,450

-

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$13,450(+9.6%)

Key Takeaway

Homes in McCreary County have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $116K$62.5K
-46.1%
2 $100.5K$141.9K
+41.2%
3 $141K$151.2K
+7.2%
4 $230K$165.5K
-28.0%
5+ $217.5K$430K
+97.7%

Summary: McCreary County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.1%, 2 bedroom homes increased by 41.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes increased by 97.7%.

Median Sold Price Compared To Nearby Counties

McCreary County
+9.6%
Pulaski County
+1.9%
Laurel County
+1.4%
Whitley County
-2.9%

Housing Supply in McCreary County, KY

How many homes are available in McCreary County, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2733+22.2%

Summary: The McCreary County real estate market had 33 homes for sale in December 2024, a 22.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 1315
+15.4%
4 57
+40.0%
5+ 33
0.0%

Summary: The McCreary County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 McCreary County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in McCreary County in December 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for McCreary County, KY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
76 Days40 Days-47.8%

Summary: Homes in McCreary County had an average of 40 days on market in Dec 2024, down by 47.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During December 2024, 2 homes were sold in McCreary County; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

Newest Listings in McCreary County, KY

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What housing markets are near McCreary County, KY?