MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Cumberland County, Kentucky.
May 2024’s data reveals a Median Sale Price of $242,500 for homes in Cumberland County. This figure represents a decline of 4.4% month-over-month and a 25.5% year-over-year decrease.
Sales of homes in the region saw 4 homes changing hands. This represents an increase of 100.0% from the month before and down 33.3% compared to the same month last year.
The median time homes spent on the market was 67 days, which is down 24 days compared to last month and a decrease of 21 day over the previous year.
The Market Pulse Score for Cumberland County is presently at 114, signaling an upward trajectory in the market’s activity.
For more information about the Cumberland County, Kentucky market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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