Is Fancy Farm, KY 42039 a buyer’s or seller’s market?
Fancy Farm is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Fancy Farm housing market right now
In the three months ending August 31, 2026, 0% of homes in Fancy Farm, KY 42039 sold above their list price, the typical home went under contract in 66 days and there were 4.3 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. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (60 days then) and the median sale price rose 7% to $193,916. Overall, Fancy Farm is less competitive than a year ago, which gives buyers more room.
Within Graves County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Farmington 42040 (50% sold over asking) and Boaz 42027 (33% sold over asking) are even more competitive.
Run the numbers for 42039
Nearby markets
Boaz 42027Seller’s market $102 /sq ftFarmington 42040 $103 /sq ftHickory 42051Seller’s market $141 /sq ftMayfield 42066Balanced $132 /sq ft Browse all markets →Towns like Fancy Farm nearby
Find towns like Fancy Farm in other states →Where Fancy Farm is
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Questions about Fancy Farm real estate
Is Fancy Farm a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Fancy Farm, KY 42039 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 Fancy Farm?
The typical home went under contract in 66 days in the latest three months.
Do homes in Fancy Farm sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Fancy Farm?
About 0.66% of a home’s value a year in Graves County, or roughly $2,640 on a $400,000 home.
What is the median home price in Fancy Farm?
The median sale price was $193,916 in the three months ending August 31, 2026, about $136 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