Is Almo, KY 42020 a buyer’s or seller’s market?
Almo is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Almo housing market right now
In the three months ending August 31, 2026, 9% of homes in Almo, KY 42020 sold above their list price, the typical home went under contract in 49 days and there were 4.4 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 11 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (58 days then) and the median sale price rose 70% to $314,764. Overall, Almo is less competitive than a year ago, which gives buyers more room.
Within Calloway County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at New Concord 42076 (0% sold over asking) or Kirksey 42054 (0% sold over asking), while Murray 42071 (17% sold over asking) is even more competitive.
Run the numbers for 42020
Nearby markets
Dexter 42036Seller’s market $147 /sq ftHazel 42049Buyer’s market $75 /sq ftKirksey 42054Seller’s market $129 /sq ftMurray 42071Seller’s market $151 /sq ft Browse all markets →Towns like Almo nearby
Find towns like Almo in other states →Where Almo is
Loading map…
Questions about Almo real estate
Is Almo a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Almo, KY 42020 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 Almo?
The typical home went under contract in 49 days in the latest three months.
Do homes in Almo sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Almo?
About 0.65% of a home’s value a year in Calloway County, or roughly $2,600 on a $400,000 home.
What is the median home price in Almo?
The median sale price was $314,764 in the three months ending August 31, 2026, about $157 per square foot.
Local agents
See all agents in 42020 →No sponsored agents in 42020 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 42020
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology