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Is Flatgap, KY 41219 a buyer’s or seller’s market?

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

Flatgap 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list90%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$60▼ −35.4% vs. last year

The Flatgap housing market right now

In the three months ending August 31, 2026, 0% of homes in Flatgap, KY 41219 sold above their list price, the typical home went under contract in 15 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. With only 2 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 (116 days then) and the median sale price fell 50% to $94,959. Overall, Flatgap is more competitive than a year ago, so tougher for buyers.

Within Johnson County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Paintsville 41240 (11% sold over asking) is even more competitive.

Run the numbers for 41219

Prefilled for 41219Can I win this house?Multiple-offer likelihood for a listing Prefilled for 41219Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Boons Camp 41204 — /sq ftHagerhill 41222Balanced $81 /sq ftMeally 41234 — /sq ftOil Springs 41238Seller’s market $104 /sq ft Browse all markets →

Towns like Flatgap nearby

Find towns like Flatgap in other states →
Lenore, WV25676 · 36 miles away87% similarpricier homes ($32K more) · smaller Inez, KY41224 · 21 miles away83% similarlarger · older residents Genoa, WV25517 · 31 miles away76% similarsmaller · older residents Louisa, KY41230 · 21 miles away74% similarlarger · older residents

Where Flatgap is

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Questions about Flatgap real estate

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

A buyer’s market: there were 6.4 months of supply in Flatgap, KY 41219 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 Flatgap?

The typical home went under contract in 15 days in the latest three months.

Do homes in Flatgap sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.0% of the list price.

What are property taxes in Flatgap?

About 0.66% of a home’s value a year in Johnson County, or roughly $2,640 on a $400,000 home.

What is the median home price in Flatgap?

The median sale price was $94,959 in the three months ending August 31, 2026, about $60 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