Kentucky Home Sales Reach $1.38 Billion in April as Listings Rise 14.4%

2 articles · Updated · WHAS11.com · May 25

$1.38 billion in April sales marked an 8.0% year-over-year increase for Kentucky, with 4,321 homes sold as the spring market accelerated.
7,311 new listings came to market, up 14.4% from a year earlier, while median prices rose 6.0% to $279,900, signaling steady demand alongside improving inventory.
18 days on market was 12 days faster than in March, even as statewide supply tightened to 3.8 months from 4.5 months.
Kentucky Realtors said the figures reflect the state's peak homebuying season, with a more balanced market emerging after years of tighter conditions.

With more homes for sale, are Kentucky sellers about to lose their market advantage?

Can Kentucky's housing boom survive rising national mortgage rates and inflation fears?