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Is Booneville, KY 41314 a buyer’s or seller’s market?

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

Booneville is a buyer’s market. With about 38.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply38.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market259Listing to accepted offer
Median price per sq ft$134▼ −6.2% vs. last year

The Booneville housing market right now

In the three months ending August 31, 2026, 0% of homes in Booneville, KY 41314 sold above their list price, the typical home went under contract in 259 days and there were 38.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (65 days then) and the median sale price rose 10% to $164,429. Overall, Booneville is less competitive than a year ago, which gives buyers more room.

Run the numbers for 41314

Prefilled for 41314Can I win this house?Multiple-offer likelihood for a listing Prefilled for 41314Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Sextons Creek 40983 — /sq ft Browse all markets →

Towns like Booneville nearby

Find towns like Booneville in other states →
Mc Kee, KY40447 · 21 miles away84% similarlarger Salyersville, KY41465 · 38 miles away71% similarlarger · younger residents Jackson, KY41339 · 20 miles away69% similarlarger Stanton, KY40380 · 24 miles away66% similarpricier homes ($37K more) · larger

Where Booneville is

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Questions about Booneville real estate

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

A buyer’s market: there were 38.4 months of supply in Booneville, KY 41314 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 Booneville?

The typical home went under contract in 259 days in the latest three months.

Do homes in Booneville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Booneville?

About 0.71% of a home’s value a year in Owsley County, or roughly $2,840 on a $400,000 home.

What is the median home price in Booneville?

The median sale price was $164,429 in the three months ending August 31, 2026, about $134 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