Is Gravel Switch, KY 40328 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Gravel Switch 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 Gravel Switch housing market right now

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

About the area

Marion County, KY

Population	963
Median income	$44,770
Average income	$56,473
Median home value	$95,600
Median rent	$684/month
Owner-occupied	91% of homes
Median year built	1984

Natural hazard riskTornadoes (moderate), winter storms (moderate), hail (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 40328; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 40328

Prefilled for 40328Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40328Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bradfordsville 40009 — /sq ft Lebanon 40033Seller’s market $137 /sq ft Loretto 40037Seller’s market $139 /sq ft Raywick 40060Seller’s market $271 /sq ft Browse all markets →

Where Gravel Switch is

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Questions about Gravel Switch real estate

What are property taxes in Gravel Switch?

About 0.69% of a home’s value a year in Marion County, or roughly $2,760 on a $400,000 home.

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More tools for 40328

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 Marion County property taxes Marion 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