Melber Housing Market Report December 2024•Graves County, Kentucky

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Housing Prices in Melber, KY

How much do homes in Melber, KY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$380,575$146/SqFt
-$140,675
-27.0%

Based on all homes listed in December 2024

Insight

The list price of homes in Melber has decreased by 27% since November.

Summary: The median home list price in Melber was $380,575 in December 2024, down 27% from the previous month, and the median price per square foot was $146.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Boaz
+29.6%
Cunningham
0.0%
Melber
-27.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2$54.9K$54.9K
0.0%
3$710.6K$710.6K
0.0%
4-$239.9K
N/A
5--
N/A

Summary: Melber housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Melber, KY

How many homes are available in Melber, KY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthDec 2024
32 months agoNov 2024
+33.3 %
Change MoMNov – Dec

Summary: The Melber real estate market had 4 homes for sale in Dec 2024, a 33.3 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
211
0.0%
322
0.0%
401
+100.0%
500
0.0%

Summary: Melber housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Melber, KY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Melber, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Melber in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Melber, KY

How long does it take to sell a home in Melber, KY?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
131 DaysLast MonthDec 2024
154 Days1 month agoNov 2024
-14.6 %
Change MoMNov – Dec

Summary: Homes in Melber had an average listing age of 131 days in Dec 2024, down by 14.6% compared to the previous month.

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Newest Listings in Melber, KY

What homes are available in Melber, KY?

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Nearby markets aren't available for Melber, KY

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MLS Disclaimers and Copyright

Based on information from Western Kentucky Regional MLS, for the period 11/01/2024 - 01/01/2025

IDX Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2025 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.