Market Intelligence Report — KY-210

Pikeville, KY

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

Ref. No: 2026-KY-08
As of the latest 2026 data
Cooling

Median Listing

$200K
-11.1% YoY

Pending Ratio

0.26
-5.5% YoY

Active Inventory

222
+30.6% YoY

Median DOM

86 Days
+5.6% YoY

Primary Intelligence Tool — Sold Score™

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The Pikeville market is currently Cooling, primarily driven by a pending ratio of 0.26, indicating absorption challenges. Active listings have expanded significantly, increasing 30.6% year-over-year to 222 units, further contributing to the market's deceleration.

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 Pikeville market right now.

Inventory levels have risen sharply, with active listings up 30.6% over the past year. New listings, however, have contracted by 13.3% year-over-year, suggesting some moderation in supply inflows. Concurrently, the median listing price has declined by 11.1% year-over-year, alongside a 2.8% month-over-month decrease, reflecting softening price discipline. The pending ratio has registered at 0.26, reflecting subdued demand absorption relative to available supply.

Historical Analysis

Market Trends

Median Price

$200K-2.8% MoM

Active Inventory

222+30.6% YoY

Days on Market

86+5.6% YoY

Sold Score™

24-5.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

24
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 active listings up over 30% and a pending ratio of 0.26, negotiating leverage has shifted. The extended median days on market, now at 86, and a price-reduced share of 16.9% suggest that price discipline is being tested. Buyers may find an extended timeframe for consideration and more opportunities for price adjustments.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

222 active listings represent the current floor, with new supply arriving at roughly 52 per month.

Pricing Pressure
16.9%

of active listings carry a price reduction, +3.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.5% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Pikeville, KY? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Pikeville, KY. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
26%
Median Days on Market
86 days
Inventory YoY
+31%

In a buyer's market, strategy beats timing. See how your home scores in Pikeville, KY and what moves the number.

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Metro Demographics

Metro Area
Pikeville, KY
CBSA Code
38210
State
KY

ZIPs in Pikeville, KY

Sorted by active inventory · click a ZIP for its full report