Kentucky's Real Estate Resilience: A Steady Climb to $1.26 Billion in September Sales
In a market that often experiences seasonal fluctuations, Kentucky's real estate sector has proven its mettle. The latest data from Kentucky REALTORS® reveals a robust September 2025, with sales totaling an impressive $1.26 billion.
But here's where it gets controversial: while the market saw a year-over-year growth, it also experienced the typical monthly decline as summer's peak activity tapered off. So, what does this mean for buyers and sellers?
Let's dive deeper. The total sales volume increased by a healthy 5.2% compared to September 2024, and the number of listings sold rose by 2.0% to 3,959 properties. The median sales price, however, saw a modest increase of 0.7%, reaching $270,000.
And this is the part most people miss: the month-over-month comparisons. Sales volume dropped by 15.7%, and listings sold declined by 15.6% from August levels. This seasonal cooling is a natural part of the real estate cycle, but it doesn't diminish the overall growth trend.
Market conditions continue to favor buyers, with properties spending an average of 19 days on the market, up from 14 days in September 2024. This increase in market time provides buyers with a more relaxed environment to make informed choices, without the frenzy of bidding wars.
Inventory levels have improved significantly, with a statewide supply of 4.27 months, up from 3.54 months in August. Real estate professionals consider this a balanced market, indicating a healthy equilibrium between buyer and seller interests.
New listings totaled 6,123 in September, an 8.8% increase year-over-year, despite a 4.4% monthly decline. This steady influx of new properties ensures a healthy inventory as we head into the traditionally slower fall and winter months.
So, what's your take on Kentucky's real estate market? Is it a buyer's paradise, or are sellers still holding the upper hand? Share your thoughts in the comments below, and let's spark a discussion on this intriguing market dynamic!
