Is Prestonsburg, KY 41653 a buyer’s or seller’s market?
Prestonsburg is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Prestonsburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Prestonsburg, KY 41653 sold above their list price, the typical home went under contract in 64 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold more slowly (43 days then) and the median sale price rose 9% to $183,920. Overall, Prestonsburg is less competitive than a year ago, which gives buyers more room.
Within Floyd County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Harold 41635 (33% sold over asking) is even more competitive.
Run the numbers for 41653
Nearby markets
Allen 41601 — /sq ftAuxier 41602Buyer’s market $100 /sq ftBanner 41603Buyer’s market $103 /sq ftBeaver 41604 $75 /sq ft Browse all markets →Towns like Prestonsburg nearby
Find towns like Prestonsburg in other states →Where Prestonsburg is
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Questions about Prestonsburg real estate
Is Prestonsburg a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Prestonsburg, KY 41653 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 Prestonsburg?
The typical home went under contract in 64 days in the latest three months.
Do homes in Prestonsburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.
What are property taxes in Prestonsburg?
About 0.76% of a home’s value a year in Floyd County, or roughly $3,040 on a $400,000 home.
What is the median home price in Prestonsburg?
The median sale price was $183,920 in the three months ending August 31, 2026, about $112 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