MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Morgan County, Kentucky.
The Median Sale Price for properties in Morgan County was documented at $150,000 for May 2024. This price point is a downward move of 11.5% from the previous month and shows a 3.8% rise from the year before.
The area witnessed the sale of 5 homes during this period, which is a 25.0% increase from the preceding month and a decrease of 16.7% compared to the same timeframe last year.
The median time homes spent on the market was 237 days, which is up 168 days compared to last month and an increase of 172 days over the previous year.
The Market Pulse Score for Morgan County is presently at 91, signaling a downward trajectory in the market’s activity.
For more information about the Morgan 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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