in London, KY • 2026 Buying Guide
Best Month
December
$144K
Avoid
February
$162K
Potential Savings
$19K
11.4% difference
Market Type
Balanced
4.2 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$220K
N/A YoY
Days on Market
68
median days
Inventory
21
active listings
Sale-to-List Ratio
96.7%
room to negotiate
Jan
$157K
Feb
$162K
PeakMar
$132K
Apr
$135K
May
$152K
Jun
$155K
Jul
$140K
Aug
$143K
Sep
$162K
Oct
$145K
Nov
$152K
Dec
$144K
BestBased on historical sales data in London
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With London's median price at $220K, a 20% down payment would be approximately $44K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of London's housing market, December is typically the best time to buy a condo. During this month, prices average around $144K, which is 11.4% lower than peak prices in February. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in London is $220K. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
London has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in London include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in London currently spend an average of 68 days on market. This suggests a slower market where you have more time to negotiate.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With London's median price of $220K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in London? Our analysis shows that December typically offers the best prices, with homes averaging around $144K. Buying during this time could save you up to $19K compared to peak months like February.
With a median price of $220K and homes spending an average of 68 days on market, London is currently a balanced market. There's currently 4.2 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
There are 1 real estate agents active in London who can help you find the perfect condo. A local expert understands neighborhood nuances, pricing trends, and can help you navigate London's specific market conditions.
Connect with local agents who specialize in condos.