Is McCreary County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, McCreary County was a Seller's Market.
Housing Prices in McCreary County, KY
How much do homes in McCreary County, KY cost?
Median Sold Price
$151,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in McCreary County was $151,000 in April 2024, up 4.9% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $116K | -7.2% |
2 Bedrooms | $149.9K | $113K | -24.6% |
3 Bedrooms | $139K | $144K | +3.6% |
4 Bedrooms | $160.9K | $272.5K | +69.4% |
5+ Bedrooms | $217.5K | $298K | +37.0% |
Summary: McCreary County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes decreased by 24.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 69.4%, and 5+ bedroom homes increased by 37%.
Median Sold Price Compared To Nearby Counties
Whitley County | $181.1K | $199K | +9.8% |
Pulaski County | $218.8K | $236.8K | +8.2% |
Laurel County | $199.7K | $209.7K | +5.0% |
McCreary County | $144K | $151K | +4.9% |
Wayne County | $175K | $180K | +2.9% |
Housing Supply in McCreary County, KY
How many homes are available in McCreary County, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 43 | +10.3% |
Summary: The McCreary County real estate market had 43 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The McCreary County 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 11.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in McCreary County in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 86 Days | +43.9% |
Summary: Homes in McCreary County had an average of 86 days on market in Apr 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in McCreary County; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.