Is Island, KY 42350 a buyer’s or seller’s market?
Island is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Island housing market right now
In the three months ending August 31, 2026, 0% of homes in Island, KY 42350 sold above their list price, the typical home went under contract in 13 days and there were 6.4 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.
Nearby, Livermore 42352 (50% sold over asking) and Calhoun 42327 (33% sold over asking) are even more competitive.
Run the numbers for 42350
Nearby markets
Calhoun 42327Seller’s market $131 /sq ftLivermore 42352Balanced $153 /sq ftSacramento 42372 $120 /sq ft Browse all markets →Towns like Island nearby
Find towns like Island in other states →Where Island is
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Questions about Island real estate
Is Island a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Island, KY 42350 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 Island?
The typical home went under contract in 13 days in the latest three months.
Do homes in Island sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 88.1% of the list price.
What are property taxes in Island?
About 0.64% of a home’s value a year in McLean County, or roughly $2,560 on a $400,000 home.
What is the median home price in Island?
The median sale price was $140,939 in the three months ending August 31, 2026, about $125 per square foot.
Local agents
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More tools for 42350
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology