Market Intelligence Report — KY-080

Richmond-Berea, KY

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

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

Median Listing

$337K
+5.3% YoY

Pending Ratio

0.45
-1.8% YoY

Active Inventory

420
+6.7% YoY

Median DOM

53 Days
-0.5% YoY

Primary Intelligence Tool — Sold Score™

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The Richmond-Berea housing market is currently stabilizing. The median listing price increased 5.3% year-over-year, reaching $336,900, while the pending ratio registered at 0.45, indicating a more balanced absorption pace.

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 Richmond-Berea market right now.

Inventory levels have expanded, with active listings up 6.7% year-over-year to 420 units, while new listings also saw a 4.0% increase. Despite increased supply, median listing prices continued their upward trajectory, rising 5.3% year-over-year. Demand, as reflected by the pending ratio of 0.45, indicates a more normalized pace of transactions, maintaining consistency with recent trends.

Historical Analysis

Market Trends

Median Price

$337K+0.6% MoM

Active Inventory

420+6.7% YoY

Days on Market

53-0.5% YoY

Sold Score™

59-1.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

59
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

The current market dynamics suggest a more balanced environment regarding negotiating leverage. Inventory pressure is easing with increased active listings, contributing to a moderate pace of sales. This allows for more considered price discipline from both sides of a transaction.

Luxury Segment

The average listing price increased 12.4% year-over-year, outpacing the 5.3% year-over-year growth in the median listing price, suggesting stronger price appreciation in higher-priced segments. Median $/sqft growth was 3.0% year-over-year, further indicating varied dynamics across price tiers.

Supply Dynamics

420 active listings represent the current floor, with new supply arriving at roughly 156 per month.

Pricing Pressure
22.9%

of active listings carry a price reduction, -0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.0% year-over-year.

Absorption
0.45

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Richmond-Berea, KY? Buyer Demand Index is running at 45%.

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

Buyer Demand Index
45%
Median Days on Market
53 days
Inventory YoY
+7%

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

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Metro Demographics

Metro Area
Richmond-Berea, KY
CBSA Code
40080
State
KY