Is Denniston, KY 40316 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Denniston is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Denniston housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Menifee County, KY

Population	389
Median income	$21,618
Average income	$34,802
Median home value	$59,100
Owner-occupied	53% of homes
Median year built	1988

Natural hazard riskWinter storms (relatively high), wildfire (moderate), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 40316; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 40316

Prefilled for 40316Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40316Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Frenchburg 40322Buyer’s market $136 /sq ft Means 40346 — /sq ft Wellington 40387Balanced $147 /sq ft Browse all markets →

Where Denniston is

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Questions about Denniston real estate

What are property taxes in Denniston?

About 0.51% of a home’s value a year in Menifee County, or roughly $2,040 on a $400,000 home.

Local agents

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More tools for 40316

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Menifee County property taxes Menifee County loan limits Closing costs in Kentucky Hottest ZIP codes in Kentucky

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology