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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calloway County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Calloway County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Calloway County, KY

How much do homes in Calloway County, KY cost?

Median Sold Price

$260,000

$122/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$22,500(-8.0%)

Key Takeaway

Homes in Calloway County have sold for 8% less than they did a month ago.

Summary: The median home sold price in Calloway County was $260,000 in March 2024, down 8% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$80K
N/A
2 $137.5K$115K
-16.4%
3 $282.5K$255K
-9.7%
4 $444.9K$321K
-27.9%
5+ $192.7K$632.5K
+228.2%

Summary: Calloway County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.4%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes increased by 228.2%.

Median Sold Price Compared To Nearby Counties

Calloway County
-8.0%
Marshall County
-38.2%
Trigg County
-54.2%

Housing Supply in Calloway County, KY

How many homes are available in Calloway County, KY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
91104+14.3%

Summary: The Calloway County real estate market had 104 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1415
+7.1%
3 4150
+22.0%
4 2829
+3.6%
5+ 79
+28.6%

Summary: The Calloway County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2026+30.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calloway County, you may be able to get a good deal. 76% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Calloway County in March 2024, up by 30.0% month-over-month. Of the 25 sold homes, 76% were sold under asking, 8% were sold at asking, and 16% were sold over asking.

Days on Market for Calloway County, 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 17 Days Ago

Newest Listings in Calloway County, KY

Nearby Markets to Calloway County, KY

What housing markets are near Calloway County, KY?