Is New Haven, KY 40051 a buyer’s or seller’s market?
New Haven is a seller’s market. With about 2.8 months of supply and 22% 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.
The New Haven housing market right now
In the three months ending August 31, 2026, 22% of homes in New Haven, KY 40051 sold above their list price, the typical home went under contract in 123 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (147 days then) and the median sale price rose 29% to $249,892. Overall, New Haven is more competitive than a year ago, so tougher for buyers.
Within Nelson County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 60%.
Nearby, buyers who want less competition could look at Boston 40107 (0% sold over asking) or Bardstown 40004 (14% sold over asking), while New Hope 40052 (100% sold over asking) and Bloomfield 40008 (33% sold over asking) are even more competitive.
Run the numbers for 40051
Nearby markets
Bardstown 40004Seller’s market $189 /sq ftBloomfield 40008Seller’s market $193 /sq ftBoston 40107Seller’s market $159 /sq ftChaplin 40012 — /sq ft Browse all markets →Towns like New Haven nearby
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Questions about New Haven real estate
Is New Haven a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in New Haven, KY 40051 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 New Haven?
The typical home went under contract in 123 days in the latest three months.
Do homes in New Haven sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in New Haven?
About 0.79% of a home’s value a year in Nelson County, or roughly $3,160 on a $400,000 home.
What is the median home price in New Haven?
The median sale price was $249,892 in the three months ending August 31, 2026, about $152 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