Is Baxter, KY 40806 a buyer’s or seller’s market?
Baxter is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Baxter housing market right now
In the three months ending August 31, 2026, 0% of homes in Baxter, KY 40806 sold above their list price, the typical home went under contract in 16 days and there were 5.3 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 3 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 (131 days then) and the median sale price fell 51% to $44,981. Overall, Baxter is more competitive than a year ago, so tougher for buyers.
Within Harlan County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Lynch 40855 (100% sold over asking) and Bledsoe 40810 (50% sold over asking) are even more competitive.
Run the numbers for 40806
Nearby markets
Bledsoe 40810 $80 /sq ftColdiron 40819 — /sq ftCranks 40820 — /sq ftCumberland 40823Buyer’s market $61 /sq ft Browse all markets →Towns like Baxter nearby
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Questions about Baxter real estate
Is Baxter a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Baxter, KY 40806 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 Baxter?
The typical home went under contract in 16 days in the latest three months.
Do homes in Baxter sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 84.4% of the list price.
What are property taxes in Baxter?
About 0.99% of a home’s value a year in Harlan County, or roughly $3,960 on a $400,000 home.
What is the median home price in Baxter?
The median sale price was $44,981 in the three months ending August 31, 2026, about $39 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