Is Graves County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Graves County has remained a Seller's Market.
Housing Prices in Graves County, KY
How much do homes in Graves County, KY cost?
Median Sold Price
$167,500
$114/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Graves County was $167,500 in May 2024, up 5.7% from last month, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $75.2K | $92.5K | +23.0% |
3 Bedrooms | $161.5K | $170K | +5.3% |
4 Bedrooms | $155K | $242.5K | +56.5% |
5+ Bedrooms | $278K | $165K | -40.6% |
Summary: Graves County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 56.5%, and 5+ bedroom homes decreased by 40.6%.
Median Sold Price Compared To Nearby Counties
Hickman County | $95K | $124.9K | +31.5% |
Graves County | $158.4K | $167.5K | +5.7% |
McCracken County | $236.9K | $215K | -9.2% |
Marshall County | $260K | $208K | -20.0% |
Housing Supply in Graves County, KY
How many homes are available in Graves County, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
101 | 107 | +5.9% |
Summary: The Graves County real estate market had 107 homes for sale in May 2024, a 5.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 17 | -10.5% |
3 Bedrooms | 61 | 62 | +1.6% |
4 Bedrooms | 16 | 23 | +43.8% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Graves County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Graves County in May 2024, up by 13.0% month-over-month. Of the 25 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% were sold over asking.
Days on Market for Graves County, KY
We’re sorry, we don't have information for this market at the moment