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Kentucky’s housing market started 2026 with a stumble – a total of 2,717 listings were sold during January, down 35.9% from the previous month and down 3.7% from one year earlier.

According to data from Kentucky Realtors, the drop in home sales was not mirrored by the quantity of new listings. Last month, the state had 4,926 new listings, up 32.2% from December and up 12.9% from January 2025. Kentucky had a 5.76-month supply of housing available for sale.

There was a mixed result on home prices – the $264,500 median sales price was down 2% month-over-month but up 1.7% year-over-year. Total sales volume in January fell to $833.43 million, down 38.6% from December.

“Our housing market here in Kentucky is beginning to fall in line with the typical seasonal trends,” said Kentucky Realtors President Ann Elizabeth Delahanty. “Total sales volume has dipped down below $1 billion again, and the average number of days on the market has increased – both of which happened in January 2025. Last year was a record-breaking year, and I’m confident our real estate market will be just as strong or stronger in 2026.”

“Despite being in the middle of real estate’s slower season, now is still a great time to buy in Kentucky,” added Kentucky Realtors CEO Josh Summers. “With new listings up and median sales price down, Kentuckians across the Commonwealth should continue to engage in the market with confidence.”

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