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Is Elk Horn, KY 42733 a buyer’s or seller’s market?

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

Elk Horn is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.8%Sold price ÷ list price
Median days on market24Listing to accepted offer
Median price per sq ft$126▼ −43.4% vs. last year

The Elk Horn housing market right now

In the three months ending August 31, 2026, 0% of homes in Elk Horn, KY 42733 sold above their list price, the typical home went under contract in 24 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 100%, homes sold more slowly (5 days then) and the median sale price rose 19% to $236,798. Overall, Elk Horn is less competitive than a year ago, which gives buyers more room.

Run the numbers for 42733

Prefilled for 42733Can I win this house?Multiple-offer likelihood for a listing Prefilled for 42733Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Campbellsville 42718Balanced $139 /sq ft Browse all markets →

Towns like Elk Horn nearby

Find towns like Elk Horn in other states →
New Haven, KY40051 · 29 miles away85% similarpricier homes ($29K more) · larger Loretto, KY40037 · 24 miles away79% similarpricier homes ($31K more) · larger Bonnieville, KY42713 · 39 miles away79% similarcheaper homes ($25K less) · older residents Willisburg, KY40078 · 35 miles away72% similarlower income ($27K less) · larger

Where Elk Horn is

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Questions about Elk Horn real estate

Is Elk Horn a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Elk Horn, KY 42733 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 Elk Horn?

The typical home went under contract in 24 days in the latest three months.

Do homes in Elk Horn sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.

What are property taxes in Elk Horn?

About 0.69% of a home’s value a year in Taylor County, or roughly $2,760 on a $400,000 home.

What is the median home price in Elk Horn?

The median sale price was $236,798 in the three months ending August 31, 2026, about $126 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