Is McDaniels-Hudson, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McDaniels-Hudson is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, McDaniels-Hudson has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in McDaniels-Hudson, KY

How much do homes in McDaniels-Hudson, KY cost?

Median Sold Price

$222,450

$122/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$346,550(-60.9%)

Key Takeaway

Homes in McDaniels-Hudson have sold for 60.9% less than they did a month ago.

Summary: The median home sold price in McDaniels-Hudson was $222,450 in October 2024, down 60.9% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $569K$244.9K
-57.0%
4 -$200K
N/A
5+ --
N/A

Summary: McDaniels-Hudson 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 did not change, 3 bedroom homes decreased by 57%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Westview
-57.0%
McDaniels-Hudson
-60.9%

Housing Supply in McDaniels-Hudson, KY

How many homes are available in McDaniels-Hudson, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2528+12.0%

Summary: The McDaniels-Hudson real estate market had 28 homes for sale in October 2024, a 12.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 78
+14.3%
3 1110
-9.1%
4 34
+33.3%
5+ 12
+100.0%

Summary: The McDaniels-Hudson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McDaniels-Hudson, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in McDaniels-Hudson in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for McDaniels-Hudson, KY

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

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 McDaniels-Hudson, KY

Nearby Markets to McDaniels-Hudson, KY

What housing markets are near McDaniels-Hudson, KY?