Is Mc Daniels, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mc Daniels has remained a Seller's Market.
Key Takeaway
Mc Daniels is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Daniels, KY
How much do homes in Mc Daniels, KY cost?
Median Sold Price
$242,500
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mc Daniels have sold for 21.9% less than they did a year ago.
Summary: The median home sold price in Mc Daniels was $242,500 in April 2024, down 21.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | $142.5K | -57.8% |
| 2 Bedrooms | - | $197.5K | N/A |
| 3 Bedrooms | $358.9K | $332.5K | -7.4% |
| 4 Bedrooms | $157K | $375K | +138.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mc Daniels housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 138.9%, and 5+ bedroom homes did not change.
Housing Supply in Mc Daniels, KY
How many homes are available in Mc Daniels, KY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Mc Daniels real estate market had 11 homes for sale in April 2024, a 8.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mc Daniels housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +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
Key Takeaway
If you're buying a home in Mc Daniels, 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 Mc Daniels in April 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 Mc Daniels, KY
We’re sorry, we don't have information for this market at the moment
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