Markets › Kentucky
Kentucky housing market
In the Bluegrass State, part of the Census Bureau's East South Central division, Pecan Street tracks three markets. Median sale prices run from $278K in Louisville to $359K in Lexington as of Aug 2026. Two of three are higher than a year earlier and one is lower; Lexington leads at +3.9% and Bowling Green trails at -0.6%.
Homes sit longest in Bowling Green (61 median days on market) and sell fastest in Louisville (45 days). The share of active listings with a price cut runs from 33% in Bowling Green to 46% in Louisville. Price-to-rent ratios run from about 14 in Louisville to 16 in Bowling Green, measured as years of HUD Fair Market Rent per median sale price. Kentucky's unemployment rate was 4.7% in Aug 2026 (BLS via FRED). The national rate was 4.2% in Sep 2026.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Bowling Green | $284K | -0.6% | 61 | 33% | ≈ 16 |
| Lexington | $359K | +3.9% | 50 | 44% | ≈ 15 |
| Louisville | $278K | +2.8% | 45 | 46% | ≈ 14 |
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.
Recent signals
No market signals flagged across this state right now.