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Is Melber, KY 42069 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Melber is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$111▲ +39.6% vs. last year

The Melber housing market right now

In the three months ending August 31, 2026, 0% of homes in Melber, KY 42069 sold above their list price and the typical home went under contract in 70 days. 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 (94 days then) and the median sale price rose 58% to $149,935. Overall, Melber is more competitive than a year ago, so tougher for buyers.

Within Graves County, homes here sell faster than in 75% 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 42069

Prefilled for 42069Can I win this house?Multiple-offer likelihood for a listing Prefilled for 42069Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Boaz 42027Seller’s market $102 /sq ftFancy Farm 42039Balanced $136 /sq ftFarmington 42040 $103 /sq ftHickory 42051Seller’s market $141 /sq ft Browse all markets →

Towns like Melber nearby

Find towns like Melber in other states →
Barlow, KY42024 · 18 miles away67% similarcheaper homes ($79K less) · more renters Sedalia, KY42079 · 26 miles away67% similarcheaper homes ($89K less) · 6 min longer commute Hazel, KY42049 · 35 miles away64% similaryounger residents · more renters Clinton, KY42031 · 21 miles away63% similarcheaper homes ($90K less) · larger

Where Melber is

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Questions about Melber real estate

How fast do homes sell in Melber?

The typical home went under contract in 70 days in the latest three months.

Do homes in Melber sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.

What are property taxes in Melber?

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 Melber?

The median sale price was $149,935 in the three months ending August 31, 2026, about $111 per square foot.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Graves County property taxesGraves County loan limitsClosing costs in KentuckyHottest ZIP codes in Kentucky
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology