Is Hazard, KY 41701 a buyer’s or seller’s market?
Hazard is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 37% of U.S. ZIP codes, and #83 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hazard housing market right now
In the three months ending August 31, 2026, 18% of homes in Hazard, KY 41701 sold above their list price, the typical home went under contract in 18 days and there were 4.7 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 23 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (146 days then) and the median sale price rose 34% to $182,921. Overall, Hazard is more competitive than a year ago, so tougher for buyers.
On our competition score, Hazard ranks #83 of 160 KY ZIP codes with enough sales (score 38 out of 100).
Nearby, buyers who want less competition could look at Chavies 41727 (0% sold over asking) or Busy 41723 (0% sold over asking), while Happy 41746 (100% sold over asking) is even more competitive.
Run the numbers for 41701
Nearby markets
Buckhorn 41721 — /sq ftBusy 41723Seller’s market $146 /sq ftChavies 41727Buyer’s market $124 /sq ftCornettsville 41731 — /sq ft Browse all markets →Towns like Hazard nearby
Find towns like Hazard in other states →Where Hazard is
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Questions about Hazard real estate
Is Hazard a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Hazard, KY 41701 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 Hazard?
The typical home went under contract in 18 days in the latest three months.
Do homes in Hazard sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.
What are property taxes in Hazard?
About 0.70% of a home’s value a year in Perry County, or roughly $2,800 on a $400,000 home.
What is the median home price in Hazard?
The median sale price was $182,921 in the three months ending August 31, 2026, about $98 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