Is Owenton, KY 40359 a buyer’s or seller’s market?
Owenton is a seller’s market. With about 1.6 months of supply and 12% 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 37% of U.S. ZIP codes, and #84 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 Owenton housing market right now
In the three months ending August 31, 2026, 12% of homes in Owenton, KY 40359 sold above their list price, the typical home went under contract in 39 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 42 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold faster (48 days then) and the median sale price rose 19% to $249,892. Overall, Owenton is more competitive than a year ago, so tougher for buyers.
Within Owen County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Owenton ranks #84 of 160 KY ZIP codes with enough sales (score 38 out of 100).
Nearby, buyers who want less competition could look at Worthville 41098 (0% sold over asking) or Glencoe 41046 (0% sold over asking), while New Liberty 40355 (100% sold over asking) is even more competitive.
Run the numbers for 40359
Nearby markets
Glencoe 41046Buyer’s market $157 /sq ftNew Liberty 40355 $128 /sq ftPerry Park 40363Buyer’s market $164 /sq ftWorthville 41098Buyer’s market $105 /sq ft Browse all markets →Towns like Owenton nearby
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Questions about Owenton real estate
Is Owenton a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Owenton, KY 40359 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 Owenton?
The typical home went under contract in 39 days in the latest three months.
Do homes in Owenton sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 92.7% of the list price.
What are property taxes in Owenton?
About 0.72% of a home’s value a year in Owen County, or roughly $2,880 on a $400,000 home.
What is the median home price in Owenton?
The median sale price was $249,892 in the three months ending August 31, 2026, about $139 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