When Is the Best Time to Sell a House in Kentucky?

Clever Real Estate

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Clever Real Estate

September 19th, 2022
Updated September 19th, 2022

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Should I sell now? | Best time to sell: Overall | Best time to sell: Price | Best time to sell: Speed | Best time by location | Top ways to sell your Kentucky home

Listing your Kentucky home at the right time can help you find a buyer quickly and earn the highest profit.

If you have some flexibility with your sale, it's worth doing some market research and timing your sale for the best outcome possible.

Key Takeaways

In terms of price, the best month to sell a house in Kentucky is July. The median sale price for Kentucky homes in July is $284,900, which is $27,625 more than the annual average.

The best month to sell a house fast in Kentucky is November. Kentucky homes sold in November are on the market for an average of 34 days, which is 16 days faster than the annual average.

Of course, this is just a small piece of the overall picture. When you should list will depend on your situation and location. Seeking the opinion of a local real estate expert will help you determine the best time for you to sell your Kentucky home.

Clever Real Estate can connect you with top real estate agents in your area so you can discuss all your options. They will come up with a custom strategy to match your timeline and priorities. Plus, you'll save money on listing commissions if you sell with the agent.

👋 Talk with a local expert before you list

No matter the time of year, Clever can connect you with a local real estate agent to help you sell quickly and for more money. Talk with an expert about your options so you can make the right decision for your situation. Plus, with Clever:

✅ There's no obligation — you get expert advice for free

✅ You'll work with a full-service realtor from a top broker

✅ You pay only 1% or $3,000 if you decide to list with the agent


Should I sell my Kentucky home now?

If you’re in a rush to sell your home in Kentucky, now may be the best time to list your home. Previous data shows that homes sell faster toward the end of autumn — but take note that prices may not be at their peak. If you’re after the best price, it’s best to wait until next summer, when the market is more active. Either way, know that the market slows down at the end of the year, so be sure to give yourself plenty of time to sell by then.

Take note that this is a general trend for the state, and each city’s market may vary wildly. As such, it’s best to consult with a local realtor, as they can provide up-to-date advice on how and when to sell your home in Kentucky.

»Get connected with a local agent today.

The best time of year to sell a house in Kentucky

Determining the "right" time to sell your house is somewhat subjective; it really depends on your specific goals and circumstances. That said, if you're like most sellers — i.e., your top priorities are selling high and fast — here's when you should list your Kentucky house.

Best month for:


Price
July
$27,625 more than average
Speed
November
16 days faster than average
Realtor.com (August 2022)

Best time to sell by location

It's important to note that trends vary from region to region. The table below shows the most lucrative months to sell for five cities in Kentucky.

Location
Best month to sell
Typical sales premium
Average days on market
Lexington
July
$43,306
41
Louisville
June
$23,904
22
Frankfort
April
$24,596
31
Bowling Green
July
$28,316
17
Elizabethtown
August
$26,571
17
Realtor.com (August 2022)

Best time to sell in Kentucky: Price


Median sale price
Sales premium*
July
$284,900
$27,625
*Compared to annual average

Historical data can help you understand when prices in Kentucky are typically at their annual high and low. While each year will have slight variations, we looked at sale prices since 2016 to determine the trends and average prices for each month.

Month
Average sale price
Difference from average
January
$199,067
-$13,823
February
$204,084
-$8,806
March
$212,667
-$223
April
$217,475
$4,585
May
$227,332
$14,442
June
$229,525
$16,635
July
$221,786
$8,896
August
$221,878
$8,988
September
$209,792
-$3,098
October
$206,317
-$6,573
November
$204,183
-$8,707
December
$200,575
-$12,315
Annual Average
$212,890

Realtor.com (August 2022)

Best time to sell in Kentucky: Speed


Days on market
Days faster
November
34
16
*Compared to annual average

Days on market — or DOM — is commonly defined as the number of days from when a property is listed on the MLS and when it's sold and taken off the market.

When a market has a low median DOM, that's usually an indicator of favorable conditions for sellers, i.e., a high demand among buyers. As with sale prices, we looked at data going back to 2016 to determine historically good months to sell quickly.

Month
Days on market
Difference from average
January
84
17 days slower
February
85
18 days slower
March
68
1 days slower
April
61
6 days faster
May
58
9 days faster
June
57
10 days faster
July
58
9 days faster
August
59
8 days faster
September
64
3 days faster
October
64
3 days faster
November
67
Equal to average
December
75
8 days slower
Annual Average
67

Realtor.com (August 2022)

Top ways to sell your house no matter the time of year

If you need to sell your Kentucky home and it's not the best time of year to list, you still have options.

Sell quickly

You can still sell quickly by reaching out to a cash buyer or, if your house qualifies, to an iBuyer.

Cash buyers can close in a matter of days year round so you don't have to wait for a buyer during the slow season. You can also request offers from multiple buyers to ensure you're getting a good deal for your home.

Save money

One of the biggest costs when selling your house is real estate agent commissions. If you need to sell when sale prices are typically lower, saving on realtor fees is often your best option for maximizing your profit.

By listing with a flat fee MLS company instead of a traditional agent, you pay a more affordable upfront fee instead of a typical listing commission. However, you'll have to complete every step of the home selling process without professional help.

Another option is working with a discount brokerage. These are often full-service agents who work for reduced commissions.

No matter the time of year, the smart choice is always to talk with a real estate professional. Clever can connect you with an agent to go over your options and develop a customized sales strategy about how and when to sell your home. The service is 100% free and there's never any obligations.

👋 Next Steps: Talk to an expert!

If you're weighing your options for selling a house, Clever can help!

Our fully-licensed concierge team is standing by to answer questions and provide free, objective advice on getting the best outcome with your sale or purchase.

Ready to get started?

Give us a call at 1-833-2-CLEVER or enter your info below. Our concierge team will be in touch shortly to help.

Remember, this service is 100% free and there’s never any obligation.

If you're after the best sales price, the best month to sell in Kentucky is July when houses sell for 10.74% more than average.

If your priority is speed, November is the best time to sell because homes tend to sell 16 days faster.

December is the month when homes sell for the least amount of money. When it comes to a quick sale, February is the worst time to list. Homes stay on the market for an average of 58 days.

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