Is Dawson Springs, KY 42408 a buyer’s or seller’s market?
Dawson Springs is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Dawson Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Dawson Springs, KY 42408 sold above their list price, the typical home went under contract in 79 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 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 29%, homes sold more slowly (27 days then) and the median sale price fell 12% to $189,918. Overall, Dawson Springs is less competitive than a year ago, which gives buyers more room.
Within Hopkins County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Nortonville 42442 (33% sold over asking) and Hanson 42413 (10% sold over asking) are even more competitive.
Run the numbers for 42408
Nearby markets
Earlington 42410Balanced $69 /sq ftHanson 42413Seller’s market $155 /sq ftMadisonville 42431Balanced $113 /sq ftManitou 42436Seller’s market $172 /sq ft Browse all markets →Towns like Dawson Springs nearby
Find towns like Dawson Springs in other states →Where Dawson Springs is
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Questions about Dawson Springs real estate
Is Dawson Springs a buyer’s or seller’s market?
A balanced market: there were 5 months of supply in Dawson Springs, KY 42408 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 Dawson Springs?
The typical home went under contract in 79 days in the latest three months.
Do homes in Dawson Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Dawson Springs?
About 0.77% of a home’s value a year in Hopkins County, or roughly $3,080 on a $400,000 home.
What is the median home price in Dawson Springs?
The median sale price was $189,918 in the three months ending August 31, 2026, about $114 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