Is Olive Hill, KY 41164 a buyer’s or seller’s market?
Olive Hill is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Olive Hill housing market right now
In the three months ending August 31, 2026, 0% of homes in Olive Hill, KY 41164 sold above their list price, the typical home went under contract in 50 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold faster (72 days then) and the median sale price fell 14% to $133,442. Overall, Olive Hill is about as competitive as it was a year ago.
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Questions about Olive Hill real estate
Is Olive Hill a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Olive Hill, KY 41164 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 Olive Hill?
The typical home went under contract in 50 days in the latest three months.
Do homes in Olive Hill sell over asking?
0% 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 Olive Hill?
About 0.49% of a home’s value a year in Carter County, or roughly $1,960 on a $400,000 home.
What is the median home price in Olive Hill?
The median sale price was $133,442 in the three months ending August 31, 2026, about $81 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