Is Drakesboro, KY 42337 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Drakesboro 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 list50%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market93Listing to accepted offer
Median price per sq ft$96

The Drakesboro housing market right now

In the three months ending August 31, 2026, 50% of homes in Drakesboro, KY 42337 sold above their list price and the typical home went under contract in 93 days. With only 2 sales, these figures can swing a lot from month to month.

Within Muhlenberg County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Powderly 42367 (0% sold over asking) or Greenville 42345 (0% sold over asking), while Bremen 42325 (100% sold over asking) is even more competitive.

Nearby markets

Beech Creek 42321Buyer’s market $117 /sq ftBeechmont 42323Seller’s market $132 /sq ftBelton 42324Buyer’s market $105 /sq ftBremen 42325Buyer’s market $180 /sq ft Browse all markets →

Where Drakesboro is

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Questions about Drakesboro real estate

How fast do homes sell in Drakesboro?

The typical home went under contract in 93 days in the latest three months.

Do homes in Drakesboro sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Drakesboro?

About 0.62% of a home’s value a year in Muhlenberg County, or roughly $2,480 on a $400,000 home.

What is the median home price in Drakesboro?

The median sale price was $192,167 in the three months ending August 31, 2026, about $96 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