Kentucky (KY) housing market
Warm MarketStatewide monthly sale-market indicators for rental investors — not a substitute for local rent comps, taxes, or insurance, but a fast read on price level, pace, and negotiation pressure.
Data period: May 2026
Market snapshot
- Median sale price
- $284K
- Median days on market
- 45 days
- Months of supply
- 2.9
- Active inventory
- 13,204
- Homes sold
- 4,538
- Sale-to-list ratio
- 97.8%
- Listings with price drop
- 30.3%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Competitive
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Appreciation · Negotiation
Watch-outs
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Warm Market
The market is active with moderate buyer demand.
Kentucky market summary
The Kentucky housing market is heating up. As of May 2026, the median home sale price is $284K, up 2.4% year-over-year. Homes are spending a median of 45 days on the market, 9.8% longer than a year ago.
There are 13,204 homes for sale — 6.4% more than last year. With 2.9 months of supply, this is a seller's market. 5,676 new listings were added during this period, down 1.2% year-over-year.
Homes are selling for 97.8% of their list price on average, suggesting room for negotiation. 20.2% of homes sell above their asking price. 30.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
Investor takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 37% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Kentucky market trends
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Detailed market metrics
Median list price
$312K
Price per sq ft
$168
Sale-to-list ratio
97.8%
Months of supply
2.9
Sold above list
20.2%
Price drops
30.3%
New listings
5,676
↓ 1.2% YoY
Pending sales
5,310
Kentucky housing market FAQs
What is the median home price in Kentucky?
For the latest published month, the median sale price in Kentucky is $284K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Kentucky a buyer's or seller's market?
With about 2.9 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.
How long do homes stay on the market in Kentucky?
For the latest published month, the median days on market in Kentucky is 45 days — half of homes went pending faster and half slower.
Is Kentucky good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Kentucky can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Kentucky?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Kentucky deals.
Metro markets in Kentucky
Open a metro for the same investor snapshot and trends, then run a shortlist through the DSCR calculator and cap rate calculator.
Louisville, KY
$290K median · 42 days on market
Lexington, KY
$345K median · 36 days on market
Elizabethtown, KY
$298K median · 49 days on market
Bowling Green, KY
$285K median · 86 days on market
Richmond, KY
$292K median · 61 days on market
Owensboro, KY
$225K median · 28 days on market
Paducah, KY
$237K median · 49 days on market
London, KY
$199K median · 67 days on market
Frankfort, KY
$275K median · 42 days on market
Somerset, KY
$267K median · 65 days on market
Bardstown, KY
$299K median · 49 days on market
Danville, KY
$226K median · 57 days on market
Glasgow, KY
$220K median · 86 days on market
Madisonville, KY
$165K median · 39 days on market
Murray, KY
$272K median · 41 days on market
Mount Sterling, KY
$220K median · 67 days on market
Campbellsville, KY
$206K median · 72 days on market
Mayfield, KY
$204K median · 52 days on market
Middlesborough, KY
$190K median · 49 days on market
Central City, KY
$196K median · 85 days on market
Maysville, KY
$275K median · 10 days on market
More Kentucky housing market data
Compare how Kentucky fits nationally on the U.S. housing market overview, or browse the top 100 U.S. metro housing markets by sales activity.
New to underwriting? Read how much cash it takes to buy a rental in 2026 — then stress-test assumptions in the calculators above.
Underwrite a Kentucky rental with real numbers
Cash flow, Cap Rate, DSCR, and cash-on-cash return — built for speed without skipping rigor.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.