27 cities with year-over-year price decreases
-22.2%
Biggest Drop
-11.5%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Massac | -22.2% | $209K | 30 days | 2.5 mo |
| 2 | Henderson | -19.8% | $195K | 47 days | 1.6 mo |
| 3 | Glasgow | -18.1% | $193K | 57 days | 6.5 mo |
| 4 | Crescent Springs | -17.9% | $230K | 93 days | 3.1 mo |
| 5 | Versailles | -17.7% | $293K | 50 days | 2.3 mo |
| 6 | Walton | -17.4% | $293K | 54 days | 5.0 mo |
| 7 | Bellevue | -17.3% | $232K | 7 days | 2.2 mo |
| 8 | Paris | -16.3% | $180K | 30 days | 2.8 mo |
| 9 | Elizabethtown | -16.2% | $272K | 43 days | 3.9 mo |
| 10 | Jeffersontown | -14.6% | $245K | 34 days | 1.9 mo |
| 11 | Madisonville | -14.5% | $141K | 46 days | 3.3 mo |
| 12 | Georgetown | -14.0% | $297K | 44 days | 1.6 mo |
| 13 | Mount Washington | -13.6% | $278K | 57 days | 2.2 mo |
| 14 | Elsmere | -12.8% | $215K | 4 days | 1.1 mo |
| 15 | Alexandria | -12.7% | $275K | 18 days | 1.3 mo |
| 16 | Middletown | -11.0% | $325K | 20 days | 1.4 mo |
| 17 | Francisville | -10.7% | $435K | 23 days | 2.1 mo |
| 18 | Union | -7.6% | $391K | 128 days | 2.7 mo |
| 19 | Independence | -7.6% | $287K | 20 days | 2.6 mo |
| 20 | Covington | -7.3% | $278K | 21 days | 1.5 mo |
| 21 | Oakbrook | -6.6% | $273K | 30 days | 1.4 mo |
| 22 | Radcliff | -4.9% | $221K | 96 days | 3.9 mo |
| 23 | Owensboro | -2.9% | $197K | 21 days | 1.7 mo |
| 24 | Shively | -2.8% | $214K | 27 days | 2.4 mo |
| 25 | Shelbyville | -2.1% | $315K | 60 days | 1.8 mo |
| 26 | Lexington-Fayette | -0.4% | $336K | 53 days | 2.3 mo |
| 27 | Lexington | -0.4% | $336K | 53 days | 2.3 mo |
27 cities in Kentucky are experiencing year-over-year price declines. The largest drop is in Massac at -22.2%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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