Is Lovely, KY 41231 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lovely is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Lovely housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Martin County, KY

Population	1,305
Median income	$60,875
Average income	$98,312
Median home value	$136,400
Median rent	$588/month
Owner-occupied	89% of homes
Median year built	1990

Natural hazard riskWildfire (moderate), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 41231; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 41231

Prefilled for 41231Can I win this house?Multiple-offer likelihood for a listing Prefilled for 41231Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Beauty 41203Seller’s market $77 /sq ft Debord 41214 $125 /sq ft Inez 41224 — /sq ft Pilgrim 41250 — /sq ft Browse all markets →

Towns like Lovely nearby

Find towns like Lovely in other states →

Rush, KY41168 · 38 miles away74% similarlarger · 5 min shorter commute Topmost, KY41862 · 39 miles away73% similarcheaper homes ($48K less) · older residents Julian, WV25529 · 36 miles away68% similarcheaper homes ($53K less) · 6 min shorter commute Verdunville, WV25649 · 19 miles away67% similarolder residents · more renters

Where Lovely is

Loading map…

Questions about Lovely real estate

What are property taxes in Lovely?

About 0.82% of a home’s value a year in Martin County, or roughly $3,280 on a $400,000 home.

Local agents

See all agents in 41231 →

No sponsored agents in 41231 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 41231

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Martin County property taxes Martin County loan limits Closing costs in Kentucky Hottest ZIP codes in Kentucky

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="41231"><a href="https://offerbacked.com/market/41231">Lovely, KY 41231 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology