Is Cynthiana, KY 41031 a buyer’s or seller’s market?
Cynthiana is a seller’s market. With about 3 months of supply and 9% 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 25% of U.S. ZIP codes, and #107 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 Cynthiana housing market right now
In the three months ending August 31, 2026, 9% of homes in Cynthiana, KY 41031 sold above their list price, the typical home went under contract in 48 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 36 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (36 days then) and the median sale price rose 12% to $298,840. Overall, Cynthiana is less competitive than a year ago, which gives buyers more room.
On our competition score, Cynthiana ranks #107 of 160 KY ZIP codes with enough sales (score 29 out of 100).
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Questions about Cynthiana real estate
Is Cynthiana a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Cynthiana, KY 41031 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 Cynthiana?
The typical home went under contract in 48 days in the latest three months.
Do homes in Cynthiana sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Cynthiana?
About 0.66% of a home’s value a year in Harrison County, or roughly $2,640 on a $400,000 home.
What is the median home price in Cynthiana?
The median sale price was $298,840 in the three months ending August 31, 2026, about $175 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