Market Intelligence Report — KY-080

Richmond-Berea, KY

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

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

Median Listing

$335K
+3.1% YoY

Pending Ratio

0.43
-13.6% YoY

Active Inventory

396
+10.3% YoY

Median DOM

53 Days
+12.8% YoY

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The Richmond-Berea, KY market is currently Cooling, indicated by a pending ratio of 0.43. Active listings have expanded by 10.3% year-over-year, while the median listing price registered a 3.1% year-over-year increase.

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.

Active listings have increased by 10.3% over the past year, contributing to an expansion of available supply. Concurrently, new listings saw an 8.9% year-over-year contraction. The median listing price advanced by 3.1% year-over-year, while median days on market extended by 12.8% during the same period, reaching 53 days. The pending ratio declined by 13.6% year-over-year, reflecting reduced demand absorption.

Historical Analysis

Market Trends

Median Price

$335K+1.8% MoM

Active Inventory

396+10.3% YoY

Days on Market

53+12.8% YoY

Sold Score™

53-13.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

53
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 a pending ratio of 0.43, demand absorption is moderating relative to supply, placing more pressure on price discipline. The expansion of active listings suggests a less constrained environment, which may extend the time required for properties to transition from active to pending status. This shift necessitates careful pricing strategies to maintain transaction pace.

Luxury Segment

The average listing price increased by 8.1% year-over-year, outpacing the 3.1% increase in the median listing price and the 1.1% increase in median $/sqft. This divergence suggests a potential for softening price discipline within the higher-priced segment, indicating some luxury-segment softness compared to the broader market.

Supply Dynamics

396 active listings represent the current floor, with new supply arriving at roughly 164 per month.

Pricing Pressure
20.9%

of active listings carry a price reduction, +2.8% from prior period.

$/Sq Ft
$0K

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

Absorption
0.43

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Richmond-Berea, KY? Homes here are taking 6 days longer to sell than last year.

Richmond-Berea, 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
53 days
Inventory YoY
+10%

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