Is Russell Springs, KY 42642 a buyer’s or seller’s market?
Russell Springs is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 1% of U.S. ZIP codes, and #159 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Russell Springs housing market right now
In the three months ending August 31, 2026, 4% of homes in Russell Springs, KY 42642 sold above their list price, the typical home went under contract in 114 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (3% then), homes sold more slowly (91 days then) and the median sale price rose 17% to $219,905. Overall, Russell Springs is less competitive than a year ago, which gives buyers more room.
On our competition score, Russell Springs ranks #159 of 160 KY ZIP codes with enough sales (score 6 out of 100).
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Questions about Russell Springs real estate
Is Russell Springs a buyer’s or seller’s market?
A buyer’s market: there were 7.1 months of supply in Russell Springs, KY 42642 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 Russell Springs?
The typical home went under contract in 114 days in the latest three months.
Do homes in Russell Springs sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Russell Springs?
About 0.57% of a home’s value a year in Russell County, or roughly $2,280 on a $400,000 home.
What is the median home price in Russell Springs?
The median sale price was $219,905 in the three months ending August 31, 2026, about $133 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