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Is Paint Lick, KY 40461 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Paint Lick is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.7%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$148▼ −33.6% vs. last year

The Paint Lick housing market right now

In the three months ending August 31, 2026, 0% of homes in Paint Lick, KY 40461 sold above their list price, the typical home went under contract in 35 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, 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 faster (126 days then) and the median sale price fell 29% to $244,894. Overall, Paint Lick is more competitive than a year ago, so tougher for buyers.

Run the numbers for 40461

Prefilled for 40461Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40461Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lancaster 40444Balanced $168 /sq ft Browse all markets →

Towns like Paint Lick nearby

Find towns like Paint Lick in other states →
Waco, KY40385 · 18 miles away91% similarnewer homes Perryville, KY40468 · 30 miles away83% similarcheaper homes ($30K less) · 9 min shorter commute Lancaster, KY40444 · 10 miles away79% similarlarger · newer homes Junction City, KY40440 · 21 miles away75% similarcheaper homes ($67K less) · younger residents

Where Paint Lick is

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Questions about Paint Lick real estate

Is Paint Lick a buyer’s or seller’s market?

A balanced market: there were 5.6 months of supply in Paint Lick, KY 40461 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 Paint Lick?

The typical home went under contract in 35 days in the latest three months.

Do homes in Paint Lick sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.7% of the list price.

What are property taxes in Paint Lick?

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

What is the median home price in Paint Lick?

The median sale price was $244,894 in the three months ending August 31, 2026, about $148 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