Is Stearns, KY 42647 a buyer’s or seller’s market?
Stearns is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Stearns housing market right now
In the three months ending August 31, 2026, 25% of homes in Stearns, KY 42647 sold above their list price, the typical home went under contract in 85 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (102 days then) and the median sale price rose 49% to $221,904. Overall, Stearns is more competitive than a year ago, so tougher for buyers.
Within McCreary County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Pine Knot 42635 (0% sold over asking) or Parkers Lake 42634 (0% sold over asking), while Whitley City 42653 (29% sold over asking) is even more competitive.
Run the numbers for 42647
Nearby markets
Parkers Lake 42634Buyer’s market $161 /sq ftPine Knot 42635Buyer’s market $167 /sq ftStrunk 42649Buyer’s market $111 /sq ftWhitley City 42653Balanced $158 /sq ft Browse all markets →Towns like Stearns nearby
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Questions about Stearns real estate
Is Stearns a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Stearns, KY 42647 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 Stearns?
The typical home went under contract in 85 days in the latest three months.
Do homes in Stearns sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Stearns?
About 0.65% of a home’s value a year in McCreary County, or roughly $2,600 on a $400,000 home.
What is the median home price in Stearns?
The median sale price was $221,904 in the three months ending August 31, 2026, about $159 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