Is Austin, KY 42123 a buyer’s or seller’s market?
Austin is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Austin housing market right now
In the three months ending August 31, 2026, 0% of homes in Austin, KY 42123 sold above their list price, the typical home went under contract in 45 days and there were 16 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 (87 days then) and the median sale price held steady to $399,827. Overall, Austin is more competitive than a year ago, so tougher for buyers.
Within Barren County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Glasgow 42141 (14% sold over asking) is even more competitive.
Run the numbers for 42123
Nearby markets
Cave City 42127Buyer’s market $124 /sq ftEighty Eight 42130Seller’s market $111 /sq ftEtoile 42131 — /sq ftGlasgow 42141Balanced $146 /sq ft Browse all markets →Where Austin is
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Questions about Austin real estate
Is Austin a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Austin, KY 42123 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 Austin?
The typical home went under contract in 45 days in the latest three months.
Do homes in Austin sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.0% of the list price.
What are property taxes in Austin?
About 0.68% of a home’s value a year in Barren County, or roughly $2,720 on a $400,000 home.
What is the median home price in Austin?
The median sale price was $399,827 in the three months ending August 31, 2026, about $329 per square foot.
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More tools for 42123
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology