Is Providence, KY 42450 a buyer’s or seller’s market?
Providence 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 Providence housing market right now
In the three months ending August 31, 2026, 0% of homes in Providence, KY 42450 sold above their list price, the typical home went under contract in 49 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 5 sales, 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 more slowly (5 days then) and the median sale price rose 78% to $144,937. Overall, Providence is less competitive than a year ago, which gives buyers more room.
Within Webster County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Dixon 42409 (17% sold over asking) is even more competitive.
Run the numbers for 42450
Nearby markets
Clay 42404Seller’s market $104 /sq ftDixon 42409 $127 /sq ftSebree 42455Seller’s market $97 /sq ftSlaughters 42456Buyer’s market $89 /sq ft Browse all markets →Towns like Providence nearby
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Questions about Providence real estate
Is Providence a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Providence, KY 42450 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 Providence?
The typical home went under contract in 49 days in the latest three months.
Do homes in Providence sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Providence?
About 0.88% of a home’s value a year in Webster County, or roughly $3,520 on a $400,000 home.
What is the median home price in Providence?
The median sale price was $144,937 in the three months ending August 31, 2026, about $83 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