If you’ve been watching the real estate market in Madison County, Kentucky 👀—or even just casually scrolling Zillow over coffee—you might be wondering: Is now a good time to make a move?
Well, let’s talk about it.
📊 This Week’s Numbers (And What They Mean)
Here’s a snapshot of what’s happening in our local market right now:
- 💵 Average Sold Price: $297,622
- ⏱️ Average Days on Market: 54
- 🔑 Homes Sold: 28
- 📈 List-to-Sold Price Ratio: 100.81%
- 🆕 New Listings: 31
- 📃 Under Contract: 42
Let’s break that down in plain English.
📦 For Sellers: Is It Time to List?
If you’re thinking about selling, this market is quietly strong. Homes are still selling close to—or even over—asking price, with an average list-to-sold ratio of 100.81%. That means buyers are bringing serious offers to the table.
🔑 Takeaway: Inventory is staying balanced (31 new listings vs. 42 under contract), which helps keep prices stable and competitive. If your home is move-in ready and priced right, you could be looking at a quick and smooth sale.
✨ Bonus tip: Homes are sitting on the market a little longer (54 days on average), so don’t panic if things don’t move overnight. We’re not in the lightning-speed market of 2021 anymore—but we’re also not slowing down drastically.
🛍️ For Buyers: Should You Jump In Now?
Good news for buyers—inventory is holding steady, and competition isn’t as intense as it was a year or two ago.
With 31 new listings this week, you’ve got options. And while homes are still selling quickly, you may find a little more breathing room to make thoughtful decisions (without waiving every contingency you have 🙃).
💡 Heads up: With the average sold price sitting around $297,622, it’s smart to get pre-approved and work with a local agent who knows how to spot value fast. (Hint: that’s me! 😉)
🧭 So… Should You Buy or Sell This Week?
✅ Sellers: The market still favors you—but only if you price strategically and stage well.
✅ Buyers: Opportunity is here, especially if you’re ready to act when the right home hits the market.
Whether you’re looking to list or land your next dream home, navigating this market with the right guide (🙋♀️) can make all the difference.
📲 Let’s Chat
Thinking about making a move in Madison County? Want to know what your home could sell for—or what your budget really gets you right now?
Message me anytime or shoot me a text. I’m always here to talk strategy, run the numbers, or just help you figure out if now’s your time.
👩💼 Devin Todd Ramsey
Local Expert | Real Talk | Real Results
