Is Winchester, KY 40391 a buyer’s or seller’s market?
Winchester is a seller’s market. With about 3.3 months of supply and 15% 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 #81 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 Winchester housing market right now
In the three months ending August 31, 2026, 15% of homes in Winchester, KY 40391 sold above their list price, the typical home went under contract in 53 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 113 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold more slowly (40 days then) and the median sale price rose 2% to $277,130. Overall, Winchester is less competitive than a year ago, which gives buyers more room.
On our competition score, Winchester ranks #81 of 160 KY ZIP codes with enough sales (score 39 out of 100).
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Questions about Winchester real estate
Is Winchester a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Winchester, KY 40391 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 Winchester?
The typical home went under contract in 53 days in the latest three months.
Do homes in Winchester sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Winchester?
About 0.71% of a home’s value a year in Clark County, or roughly $2,840 on a $400,000 home.
What is the median home price in Winchester?
The median sale price was $277,130 in the three months ending August 31, 2026, about $162 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