Market Intelligence Report — KY-460

Mayfield, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-09
As of the latest 2026 data
Cooling

Median Listing

$237K
-17.0% YoY

Pending Ratio

0.43
-3.0% YoY

Active Inventory

84
+8.4% YoY

Median DOM

55 Days
-0.9% YoY

Primary Intelligence Tool — Sold Score™

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The Mayfield housing market is currently exhibiting cooling dynamics, characterized by a pending ratio of 0.43, indicating a slower absorption of available inventory. This trend is reinforced by a notable year-over-year decrease in the median listing price, which has fallen by 17.0%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Mayfield market right now.

Active listings have seen an 8.4% increase over the past year, contributing to a more ample supply environment, further augmented by new listings rising by 38.5% year-over-year. Concurrently, the median listing price has experienced a significant 17.0% decline year-over-year, alongside a 5.0% month-over-month contraction, signaling downward price pressure. The pending ratio has also declined by 3.0% year-over-year, suggesting a weakening demand relative to supply.

Historical Analysis

Market Trends

Median Price

$237K-5.0% MoM

Active Inventory

84+8.4% YoY

Days on Market

55-0.9% YoY

Sold Score™

56-3.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

56
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio at 0.43 and increasing active listings, the market suggests that properties are remaining available for longer, affording prospective buyers greater opportunity for negotiation. The sustained growth in inventory places pressure on pricing, requiring disciplined pricing strategies from sellers to facilitate transactions. The pace of transactions has moderated, reducing urgency for competitive bidding.

Luxury Segment

The average listing price has decreased by 4.4% year-over-year, while the median listing price has seen a more substantial 17.0% year-over-year decline. This disparity, alongside a 10.1% year-over-year drop in median $/sqft, suggests a particular softening within the higher-priced segments of the market.

Supply Dynamics

84 active listings represent the current floor, with new supply arriving at roughly 36 per month.

Pricing Pressure
25.2%

of active listings carry a price reduction, +5.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -10.1% year-over-year.

Absorption
0.43

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Mayfield, KY? Buyer Demand Index is running at 43%.

Mayfield, KY is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
43%
Median Days on Market
55 days
Inventory YoY
+8%

Mayfield, KY is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Mayfield, KY
CBSA Code
32460
State
KY
Analysis FAQ
  • What is the current market condition in Mayfield?+

    As of the latest 2026 data, the Mayfield metro is classified as Cooling. Pending ratio is 0.43 with median days on market at 55.

  • Are home prices dropping in Mayfield?+

    Median listing price is $237K, -17.0% year over year. 25.2% of active listings carry a price reduction.

  • How fast are homes selling in Mayfield?+

    The typical listing sits 55 days on market, a -0.9% change YoY. New listings are arriving at 36 per month.

  • What's happening in the Mayfield luxury market?+

    The average listing price has decreased by 4.4% year-over-year, while the median listing price has seen a more substantial 17.0% year-over-year decline. This disparity, alongside a 10.1% year-over-year drop in median $/sqft, suggests a particular softening within the higher-priced segments of the market.

  • Where can I find a trusted Mayfield real estate expert?+

    Primpted maintains a vetted registry of Mayfield agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 32460 · 36mo history