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Is Tollesboro, KY 41189 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Tollesboro is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.8%Sold price ÷ list price
Median days on market100Listing to accepted offer
Median price per sq ft$128▲ +43.4% vs. last year

The Tollesboro housing market right now

In the three months ending August 31, 2026, 0% of homes in Tollesboro, KY 41189 sold above their list price, the typical home went under contract in 100 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room 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 more slowly (63 days then) and the median sale price fell 26% to $124,946. Overall, Tollesboro is less competitive than a year ago, which gives buyers more room.

Run the numbers for 41189

Prefilled for 41189Can I win this house?Multiple-offer likelihood for a listing Prefilled for 41189Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Garrison 41141 — /sq ftQuincy 41166 — /sq ftVanceburg 41179Balanced $108 /sq ft Browse all markets →

Towns like Tollesboro nearby

Find towns like Tollesboro in other states →
Wallingford, KY41093 · 16 miles away85% similaryounger residents · more apartments and townhomes Hillsboro, KY41049 · 20 miles away82% similarpricier homes ($39K more) · older residents Otway, OH45657 · 27 miles away81% similaryounger residents · older homes Salt Lick, KY40371 · 33 miles away81% similarpricier homes ($29K more) · 7 min shorter commute

Where Tollesboro is

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Questions about Tollesboro real estate

Is Tollesboro a buyer’s or seller’s market?

A buyer’s market: there were 8.5 months of supply in Tollesboro, KY 41189 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 Tollesboro?

The typical home went under contract in 100 days in the latest three months.

Do homes in Tollesboro sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.8% of the list price.

What are property taxes in Tollesboro?

About 0.64% of a home’s value a year in Lewis County, or roughly $2,560 on a $400,000 home.

What is the median home price in Tollesboro?

The median sale price was $124,946 in the three months ending August 31, 2026, about $128 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