Is Corbin, KY 40701 a buyer’s or seller’s market?
Corbin is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 17% of U.S. ZIP codes, and #120 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 Corbin housing market right now
In the three months ending August 31, 2026, 14% of homes in Corbin, KY 40701 sold above their list price, the typical home went under contract in 62 days and there were 4.4 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. That’s based on 97 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (74 days then) and the median sale price held steady to $219,905. Overall, Corbin is more competitive than a year ago, so tougher for buyers.
On our competition score, Corbin ranks #120 of 160 KY ZIP codes with enough sales (score 23 out of 100).
Nearby, buyers who want less competition could look at Rockholds 40759 (0% sold over asking) or Williamsburg 40769 (4% sold over asking).
Run the numbers for 40701
Nearby markets
Rockholds 40759Buyer’s market $137 /sq ftWilliamsburg 40769Seller’s market $116 /sq ft Browse all markets →Towns like Corbin nearby
Find towns like Corbin in other states →Where Corbin is
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Questions about Corbin real estate
Is Corbin a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Corbin, KY 40701 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 Corbin?
The typical home went under contract in 62 days in the latest three months.
Do homes in Corbin sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Corbin?
About 0.64% of a home’s value a year in Whitley County, or roughly $2,560 on a $400,000 home.
What is the median home price in Corbin?
The median sale price was $219,905 in the three months ending August 31, 2026, about $123 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