Strength 4 / 5
6.5 mo
Bowling Green supply now 6.5 months — buyer's market
Six-plus months of supply in Bowling Green — this is a buyer's market by the textbook definition.
Source: Redfin, city figures, Jul–Sep 2026
Markets › Kentucky
Kentucky housing market
In the Bluegrass State, part of the Census Bureau's East South Central division, Pecan Street tracks six markets. Median sale prices run from $226K in Paducah to $354K in Lexington over Jul–Sep 2026. Four of six are higher than a year earlier and two are lower; Elizabethtown leads at +7.4% and Owensboro trails at -1.4%.
Homes sit longest in Elizabethtown (71 median days on market) and sell fastest in Louisville (45 days). The share of active listings with a price cut runs from 29% in Bowling Green to 48% in Owensboro. Price-to-rent ratios run from about 14 in Owensboro to 17 in Bowling Green, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Owensboro metro has the 25th-highest share of listings with a price cut. Kentucky's unemployment rate was 4.7% in Sep 2026 (BLS via FRED), above the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Bowling Green | $291K | -0.1% | 71 | 29% | ≈ 17 |
| Elizabethtown | $295K | +7.4% | 71 | 42% | ≈ 16 |
| Lexington | $354K | +3.6% | 52 | 41% | ≈ 15 |
| Louisville | $296K | +3.4% | 45 | 41% | ≈ 15 |
| Owensboro | $246K | -1.4% | 48 | 48% | ≈ 14 |
| Paducah | $226K | +1.4% | 67 | 35% | — |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.