Market Intelligence Report — KY-210

Pikeville, KY

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

Ref. No: 2026-KY-07
As of the latest 2026 data
Cooling

Median Listing

$206K
-9.4% YoY

Pending Ratio

0.26
-8.5% YoY

Active Inventory

214
+24.1% YoY

Median DOM

77 Days
-26.3% YoY

Primary Intelligence Tool — Sold Score™

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The Pikeville, KY market is currently cooling, evidenced by a pending ratio of 0.26. This indicates demand absorption is lagging inventory, with nearly four active listings for every pending sale.

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.

Active listings have seen substantial year-over-year growth at 24.1%, totaling 214 units. New listings also increased significantly by 68.8% year-over-year, contributing to expanded supply. Concurrently, the median listing price declined by 9.4% year-over-year to $205,750, with a month-over-month decrease of 5.0%. The pending ratio has decreased by 8.5% year-over-year, reflecting reduced demand relative to available supply.

Historical Analysis

Market Trends

Median Price

$206K-5.0% MoM

Active Inventory

214+24.1% YoY

Days on Market

77-26.3% YoY

Sold Score™

24-8.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

24
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

The current market dynamics in Pikeville suggest increased inventory pressure, providing opportunities for more deliberate transactions. With a pending ratio of 0.26, the pace of demand absorption is measured, indicating that properties are remaining on the market for longer periods. This environment necessitates price discipline for sellers to align with buyer expectations.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

214 active listings represent the current floor, with new supply arriving at roughly 54 per month.

Pricing Pressure
18.3%

of active listings carry a price reduction, -0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.1% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Pikeville, KY? Homes here are taking 28 days less 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
77 days
Inventory YoY
+24%

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