Kentucky's real estate market recorded a total sales volume of $1.26 billion in September 2025. This figure, released by Kentucky Realtors, represents a 5.2% increase compared to the same period last year. The data indicates a steady market, with buyers responding to current conditions.
Key Takeaways
- Kentucky's total real estate sales volume hit $1.26 billion in September 2025.
- Sales volume increased 5.2% year-over-year but decreased 15.7% month-over-month.
- The median sales price for homes was $270,000.
- Properties spent an average of 19 days on the market.
- Inventory levels reached 4.27 months of supply, suggesting a balanced market.
September Market Performance Overview
The latest report from Kentucky Realtors provides a detailed look at the state's housing market for September 2025. While the total sales volume showed a strong year-over-year gain, there was a month-over-month decrease, which is typical for seasonal fluctuations.
Specifically, the total sales volume of $1.26 billion was up 5.2% from September 2024. However, it saw a 15.7% decline compared to August 2025. This pattern is common as the market transitions from the peak summer buying season.
September 2025 Key Metrics:
- Total Sales Volume: $1.26 billion (+5.2% YoY, -15.7% MoM)
- Total Listings Sold: 3,959 units (+2.0% YoY, -15.6% MoM)
- Median Sales Price: $270,000 (+0.7% YoY, -2.5% MoM)
- Days on Market: 19 days (+5 days YoY, +3 days MoM)
- New Listings: 6,123 units (+8.8% YoY, -4.4% MoM)
- Months of Supply: 4.27 months
Buyer Activity and Market Dynamics
Buyers across Kentucky continue to benefit from prevailing market conditions. According to Kentucky Realtors President Barb Curtis, decreased interest rates are a significant factor driving activity.
"Buyers across the state are continuing to take advantage of decreased interest rates when searching for properties, with the potential for further rate cuts from the Fed later this year," Kentucky Realtors President Barb Curtis stated. "Given our current inventory and the average number of days on the market, Kentucky buyers are in a great spot and the market remains steady with more than $1 billion in total sales again last month."
The report highlights that the market remains robust, with sales exceeding $1 billion for another month. This indicates sustained demand despite some monthly fluctuations.
Inventory and Days on Market
The average number of days a property stays on the market has seen an increase. In September, homes were on the market for an average of 19 days. This is up 3 days from August and 5 days from September last year. A longer market time suggests buyers have more opportunities to consider their options.
Understanding Market Inventory
Months of supply is a key indicator of market balance. It measures how long it would take to sell all available homes at the current sales pace. A range of four to six months of supply is generally considered a steady, balanced market. Below four months indicates a seller's market, while above six months suggests a buyer's market.
Kentucky Realtors reported 4.27 months of inventory available statewide. This figure is an increase from 3.54 months in August. This rise in inventory provides more choices for prospective homebuyers and contributes to a more balanced environment.
Empowering Buyers with Information
Josh Summers, CEO of Kentucky Realtors, emphasized the current favorable conditions for buyers. He encouraged potential homebuyers to engage with the market confidently.
"Now is the time to buy in Kentucky. Between the decrease in interest rates we saw last month and the current state of real estate in the Commonwealth, Kentucky buyers should feel empowered to engage in the market with confidence," said Kentucky Realtors CEO Josh Summers.
To assist buyers, Kentucky Realtors promotes the use of their Purchasing Power Calculator. This online tool helps consumers understand how factors like income, down payment, and interest rates influence their ability to purchase a home.
Tools for Informed Decisions
The Purchasing Power Calculator offers comprehensive insights. It shows buyers the number of available listings in their preferred areas. Furthermore, it provides relevant trends such as average bedrooms and square footage for specific price ranges.
Access to such tools helps buyers make informed decisions in a dynamic market. This aligns with the organization's goal to support both buyers and sellers across the state. For more information and to use the calculator, individuals can visit kyhousingfacts.com.
The data for this report is gathered and compiled from participating Kentucky REALTORS® member boards. It was collected on October 15, 2025, and is subject to potential revisions.
