Is Steele, KY 41566 a buyer’s or seller’s market?
Steele 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.
The Steele housing market right now
In the three months ending August 31, 2026, 0% of homes in Steele, KY 41566 sold above their list price and the typical home went under contract in 17 days. With only 1 sale, these figures can swing a lot from month to month.
Within Pike County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Kimper 41539 (25% sold over asking) and Virgie 41572 (20% sold over asking) are even more competitive.
Run the numbers for 41566
Nearby markets
Belcher 41513Seller’s market $74 /sq ftBelfry 41514Buyer’s market $61 /sq ftCanada 41519 — /sq ftElkhorn City 41522Seller’s market $104 /sq ft Browse all markets →Where Steele is
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Questions about Steele real estate
How fast do homes sell in Steele?
The typical home went under contract in 17 days in the latest three months.
Do homes in Steele sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Steele?
About 0.69% of a home’s value a year in Pike County, or roughly $2,760 on a $400,000 home.
What is the median home price in Steele?
The median sale price was $284,877 in the three months ending August 31, 2026, about $116 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