#25001693, Listing Office: Keller Williams Commonwealth - Stanford
Salvisa-McAfee Housing Market Report January 2025•Mercer County, Kentucky
Housing Prices in Salvisa-McAfee, KY
How much do homes in Salvisa-McAfee, KY cost?
Housing Market Conditions
Is Salvisa-McAfee, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salvisa-McAfee is a Neutral Market
Difference Since January 2024
At the same time last year, Salvisa-McAfee was a Seller's Market.
Salvisa-McAfee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Salvisa-McAfee have sold for 35.7% more than they did a year ago.
Summary: The median home sold price in Salvisa-McAfee was $357,500 in January 2025, up 35.7% from last year, and the median price per square foot was $277.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Salvisa-McAfee | $263.5K | $357.5K | +35.7% |
Southwest Anderson | $286K | $271.5K | -5.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $315K | N/A |
22 Bedrooms | $207K | $200K | -3.4% |
33 Bedrooms | $280K | $350K | +25.0% |
44 Bedrooms | $402K | $432.5K | +7.6% |
55+ Bedrooms | $317.5K | $565K | +78.0% |
Summary: Salvisa-McAfee housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.4%. The home price for 3 bedroom homes increased by +25.0%. The home price for 4 bedroom homes increased by +7.6%. The home price for 5 bedroom homes increased by +78.0%.
Housing supply in Salvisa-McAfee, KY
How many homes are available in Salvisa-McAfee, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthJan 2025 | ||
162 months agoDec 2024 | -18.8 % Change MoMDec – Jan |
Summary: The Salvisa-McAfee real estate market had 13 homes for sale in Jan 2025, a 18.8 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthJan 2025 | ||
52 months agoDec 2024 | -60.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 1 | -50.0% |
33 Bedrooms | 10 | 7 | -30.0% |
44 Bedrooms | 1 | 2 | +100.0% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Salvisa-McAfee housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes decreased by -30.0%. 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 Salvisa-McAfee, KY cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Salvisa-McAfee, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Salvisa-McAfee in January 2025, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Salvisa-McAfee, KY
How long does it take to sell a home in Salvisa-McAfee, KY?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in Salvisa-McAfee has remained consistent over time.
Summary: During January 2025, 2 homes were sold in Salvisa-McAfee; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
43 DaysThis YearJan 2025 | ||
41 Days1 year agoJan 2024 | +4.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Salvisa-McAfee had an average listing age of 43 days in Jan 2025, up by 4.9% compared to the previous year.
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Newest Listings in Salvisa-McAfee, KY
What homes are available in Salvisa-McAfee, KY?
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Nearby markets aren't available for Salvisa-McAfee, KY
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.