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 March 2023

At the same time last year, McDaniels-Hudson was a Seller'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

$230,000

$184/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in McDaniels-Hudson has remained the same since last year.

Summary: The median home sold price in McDaniels-Hudson was $230,000 in March 2024, the same as last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $217.5K$142.5K
-34.5%
2 $134K$170K
+26.9%
3 $225.2K$310K
+37.6%
4 $270K$355K
+31.5%
5+ $693.5K-
N/A

Summary: McDaniels-Hudson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.5%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 37.6%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes did not change.

Housing Supply in McDaniels-Hudson, KY

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2933+13.8%

Summary: The McDaniels-Hudson real estate market had 33 homes for sale in March 2024, a 13.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 912
+33.3%
3 1212
0.0%
4 34
+33.3%
5+ 34
+33.3%

Summary: The McDaniels-Hudson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in McDaniels-Hudson in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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 26 Days Ago

Newest Listings in McDaniels-Hudson, KY

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