Is Payneville, KY 40157 a buyer’s or seller’s market?
Payneville is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Payneville housing market right now
In the three months ending August 31, 2026, 0% of homes in Payneville, KY 40157 sold above their list price and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (42 days then) and the median sale price fell 6% to $288,775. Overall, Payneville is less competitive than a year ago, which gives buyers more room.
Within Meade County, homes here sell less often over asking than in any other ZIP code in the county.
Nearby, Guston 40142 (17% sold over asking) and Vine Grove 40175 (12% sold over asking) are even more competitive.
Run the numbers for 40157
Nearby markets
Battletown 40104Balanced $145 /sq ftBrandenburg 40108Balanced $158 /sq ftEkron 40117Seller’s market $167 /sq ftGuston 40142Seller’s market $154 /sq ft Browse all markets →Where Payneville is
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Questions about Payneville real estate
Is Payneville a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Payneville, KY 40157 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
Do homes in Payneville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 103.2% of the list price.
What are property taxes in Payneville?
About 0.68% of a home’s value a year in Meade County, or roughly $2,720 on a $400,000 home.
What is the median home price in Payneville?
The median sale price was $288,775 in the three months ending August 31, 2026, about $199 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