Is Philpot, KY 42366 a buyer’s or seller’s market?
Philpot is a seller’s market. With about 3.2 months of supply and 11% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Philpot housing market right now
In the three months ending August 31, 2026, 11% of homes in Philpot, KY 42366 sold above their list price, the typical home went under contract in 31 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (23 days then) and the median sale price rose 5% to $329,757. Overall, Philpot is less competitive than a year ago, which gives buyers more room.
Within Daviess County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Maceo 42355 (0% sold over asking), while Utica 42376 (23% sold over asking) is even more competitive.
Run the numbers for 42366
Nearby markets
Maceo 42355Seller’s market $129 /sq ftOwensboro 42301Seller’s market $152 /sq ftOwensboro 42303Seller’s market $157 /sq ftUtica 42376Seller’s market $168 /sq ft Browse all markets →Towns like Philpot nearby
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Questions about Philpot real estate
Is Philpot a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Philpot, KY 42366 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 Philpot?
The typical home went under contract in 31 days in the latest three months.
Do homes in Philpot sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Philpot?
About 0.84% of a home’s value a year in Daviess County, or roughly $3,360 on a $400,000 home.
What is the median home price in Philpot?
The median sale price was $329,757 in the three months ending August 31, 2026, about $148 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