Market Intelligence Report — KY-080

Richmond-Berea, KY

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

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

Median Listing

$329K
+0.2% YoY

Pending Ratio

0.57
-4.4% YoY

Active Inventory

376
+9.0% YoY

Median DOM

51 Days
+15.2% YoY

Primary Intelligence Tool — Sold Score™

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The Richmond-Berea market is currently in a Stabilizing condition, evidenced by a pending ratio of 0.57. This indicates a balanced absorption of available inventory, with demand neither strongly outpacing nor severely lagging supply.

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 9.0% year-over-year, alongside a 11.6% year-over-year contraction in new listings. The median listing price has shown marginal year-over-year growth of 0.2%, while the median price per square foot has decreased by 1.5% over the past year. The median days on market has extended by 15.2% year-over-year, reaching 51 days.

Historical Analysis

Market Trends

Median Price

$329K-1.0% MoM

Active Inventory

376+9.0% YoY

Days on Market

51+15.2% YoY

Sold Score™

61-4.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

61
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

With a pending ratio of 0.57, the market exhibits a moderate pace of absorption. The increase in active listings suggests some easing of inventory pressure, which may prompt a more disciplined approach to pricing. Negotiating leverage is relatively balanced, influenced by the current inventory levels and the time properties spend on market.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

376 active listings represent the current floor, with new supply arriving at roughly 168 per month.

Pricing Pressure
22.5%

of active listings carry a price reduction, -0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.5% year-over-year.

Absorption
0.57

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Richmond-Berea, KY? Homes here are taking 7 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
57%
Median Days on Market
51 days
Inventory YoY
+9%

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