Is Paducah, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Paducah has remained a Seller's Market.
Housing Prices in Paducah, KY
How much do homes in Paducah, KY cost?
Median Sold Price
$209,576
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Paducah was $209,576 in June 2024, up 5.8% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $103K | $117K | +13.6% |
2 Bedrooms | $93.7K | $105K | +12.0% |
3 Bedrooms | $189.4K | $204K | +7.7% |
4 Bedrooms | $343.7K | $296K | -13.9% |
5+ Bedrooms | $541.5K | $428.9K | -20.8% |
Summary: Paducah housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 20.8%.
Housing Supply in Paducah, KY
How many homes are available in Paducah, KY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
225 | 252 | +12.0% |
Summary: The Paducah real estate market had 252 homes for sale in June 2024, a 12.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 32 | 44 | +37.5% |
3 Bedrooms | 107 | 116 | +8.4% |
4 Bedrooms | 61 | 62 | +1.6% |
5+ Bedrooms | 21 | 26 | +23.8% |
Summary: The Paducah housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 23.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
61 | 51 | -16.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Paducah in June 2024, down by 16.4% month-over-month. Of the 49 sold homes, 57% were sold under asking, 27% were sold at asking, and 16% were sold over asking.
Days on Market for Paducah, KY
We’re sorry, we don't have information for this market at the moment