Is Allen, KY 41601 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Allen 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 Allen housing market right now

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

About the area

Floyd County, KY

Population	574
Median income	$75,227
Average income	$73,285
Median home value	$152,200
Median rent	$779/month
Owner-occupied	77% of homes
Median year built	1982

Natural hazard riskWinter storms (relatively high), wildfire (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 41601; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 41601

Prefilled for 41601Can I win this house?Multiple-offer likelihood for a listing Prefilled for 41601Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Auxier 41602Buyer’s market $100 /sq ft Banner 41603Buyer’s market $103 /sq ft Beaver 41604 $75 /sq ft Betsy Layne 41605 — /sq ft Browse all markets →

Where Allen is

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Questions about Allen real estate

What are property taxes in Allen?

About 0.76% of a home’s value a year in Floyd County, or roughly $3,040 on a $400,000 home.

Local agents

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More tools for 41601

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 Floyd County property taxes Floyd County loan limits Closing costs in Kentucky Hottest ZIP codes in Kentucky

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