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Is Burkesville, KY 42717 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Burkesville is a buyer’s market. With about 9.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list92.2%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$163▲ +19.9% vs. last year

The Burkesville housing market right now

In the three months ending August 31, 2026, 0% of homes in Burkesville, KY 42717 sold above their list price, the typical home went under contract in 70 days and there were 9.3 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 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (122 days then) and the median sale price fell 20% to $241,396. Overall, Burkesville is more competitive than a year ago, so tougher for buyers.

Run the numbers for 42717

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Towns like Burkesville nearby

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Albany, KY42602 · 16 miles away91% similarVery close on income, prices and more Jamestown, KY42629 · 20 miles away90% similarVery close on income, prices and more Horse Cave, KY42749 · 37 miles away90% similarVery close on income, prices and more Edmonton, KY42129 · 18 miles away88% similarcheaper homes ($34K less)

Where Burkesville is

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Questions about Burkesville real estate

Is Burkesville a buyer’s or seller’s market?

A buyer’s market: there were 9.3 months of supply in Burkesville, KY 42717 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 Burkesville?

The typical home went under contract in 70 days in the latest three months.

Do homes in Burkesville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 92.2% of the list price.

What are property taxes in Burkesville?

About 0.54% of a home’s value a year in Cumberland County, or roughly $2,160 on a $400,000 home.

What is the median home price in Burkesville?

The median sale price was $241,396 in the three months ending August 31, 2026, about $163 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