Kentucky real estate market sees significant surge in June sales, registering a 13.7% year-on-year growth with total sales amounting to $1.5 billion
The Kentucky real estate market is exhibiting robust growth as it enters Q3 2025, according to the latest data and trends observed in June 2025.
Kentucky recorded $1.5 billion in real estate sales for June 2025, marking a 13.7% increase year-over-year and 3.57% month-over-month growth. The median sales price reached $285,000, up 4% YoY and 2.2% MoM, signaling ongoing price appreciation.
The total number of listings sold rose by 10.1% YoY to 4,612 in June, accompanied by an 8.3% YoY increase in new listings, although new listings saw a slight 4.19% dip month-over-month. This indicates a robust demand keeping pace with supply. Homes stayed on the market for a median of 13 days in June, suggesting a balanced yet active market where properties are still moving quickly.
Josh Summers, CEO of Kentucky Realtors, commented on the metrics, stating that they continue to increase year-over-year, indicating the strength and longevity of the market. Kentucky Realtors encourages buyers to use the Purchasing Power Calculator, a tool that helps buyers understand how changes in income, down payment, or interest rates could affect their ability to purchase a home. The calculator is available at kyhousingfacts.com and provides information on available listings, average bedrooms, square footage, and other trends in the buyer's desired area.
The broader context reveals that the real estate market nationally is projected for growth, with existing home sales expected to rise 9% and new home sales by 11% in 2025. With mortgage rates remaining manageable, buyers are encouraged to enter the market. However, multi-family real estate is experiencing strong demand with a decline in new construction by 20%, which may impact affordability and rental markets in Kentucky, especially in urban or growing areas.
Despite the decrease in new listings, there are 3.27 months of inventory available in Kentucky, suggesting a relatively balanced market. Market confidence appears strong heading into the peak buying season of summer and early fall.
It is important to note that the data is subject to revision. However, the current trends suggest that Kentucky’s Q3 2025 real estate market will likely see continued growth with increasing sales volume and prices, consistent buyer interest, and a relatively balanced inventory, though slight pressure on supply could persist, especially in multifamily rentals.
- Investors interested in the Kentucky housing-market may find the Q3 2025 real estate market appealing, as it is expected to continue its growth trajectory following a robust Q2, with increasing sales volume and prices.
- In light of the Kentucky real estate market's strong performance, potential homebuyers may benefit from using the Purchasing Power Calculator, a tool offered by Kentucky Realtors, to understand their financial capabilities in the current market.
- Given the Kentuckian real-estate market's steady growth and potential for price appreciation, commercial investors might consider exploring opportunities in both residential and commercial sectors, taking into account the continued demand for multifamily properties and the decrease in new construction.
