Is La Grange, KY 40031 a buyer’s or seller’s market?
La Grange is a seller’s market. With about 2.5 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 52% of U.S. ZIP codes, and #55 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The La Grange housing market right now
In the three months ending August 31, 2026, 19% of homes in La Grange, KY 40031 sold above their list price, the typical home went under contract in 41 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 106 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (34 days then) and the median sale price rose 2% to $414,821. Overall, La Grange is less competitive than a year ago, which gives buyers more room.
Within Oldham County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, La Grange ranks #55 of 160 KY ZIP codes with enough sales (score 51 out of 100).
Nearby, buyers who want less competition could look at Buckner 40010 (0% sold over asking) or Pewee Valley 40056 (10% sold over asking).
Run the numbers for 40031
Nearby markets
Buckner 40010Seller’s market $165 /sq ftCrestwood 40014Seller’s market $187 /sq ftGoshen 40026Seller’s market $200 /sq ftPewee Valley 40056Seller’s market $207 /sq ft Browse all markets →Towns like La Grange nearby
Find towns like La Grange in other states →Where La Grange is
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Questions about La Grange real estate
Is La Grange a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in La Grange, KY 40031 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in La Grange?
The typical home went under contract in 41 days in the latest three months.
Do homes in La Grange sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in La Grange?
About 0.90% of a home’s value a year in Oldham County, or roughly $3,600 on a $400,000 home.
What is the median home price in La Grange?
The median sale price was $414,821 in the three months ending August 31, 2026, about $181 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology