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Is Hazel, KY 42049 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Hazel is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list73%Sold price ÷ list price
Median days on market24Listing to accepted offer
Median price per sq ft$75▼ −37.0% vs. last year

The Hazel housing market right now

In the three months ending August 31, 2026, 0% of homes in Hazel, KY 42049 sold above their list price, the typical home went under contract in 24 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (59 days then) and the median sale price fell 7% to $134,942. Overall, Hazel is more competitive than a year ago, so tougher for buyers.

Within Calloway County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Murray 42071 (17% sold over asking) and Almo 42020 (9% sold over asking) are even more competitive.

Run the numbers for 42049

Prefilled for 42049Can I win this house?Multiple-offer likelihood for a listing Prefilled for 42049Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Almo 42020Balanced $157 /sq ftDexter 42036Seller’s market $147 /sq ftKirksey 42054Seller’s market $129 /sq ftMurray 42071Seller’s market $151 /sq ft Browse all markets →

Towns like Hazel nearby

Find towns like Hazel in other states →
Sharon, TN38255 · 36 miles away83% similarcheaper homes ($80K less) · larger Boaz, KY42027 · 31 miles away81% similarmore homeowners · newer homes Gleason, TN38229 · 28 miles away74% similarcheaper homes ($43K less) · larger Calvert City, KY42029 · 33 miles away74% similarcheaper homes ($36K less) · larger

Where Hazel is

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Questions about Hazel real estate

Is Hazel a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Hazel, KY 42049 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 Hazel?

The typical home went under contract in 24 days in the latest three months.

Do homes in Hazel sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 73.0% of the list price.

What are property taxes in Hazel?

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 Hazel?

The median sale price was $134,942 in the three months ending August 31, 2026, about $75 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