Is London, KY 40741 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

London is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.2Under 4 months = seller’s market

Sold above original list12.7%Share of sales, last 3 months

Median sale-to-list96.9%Sold price ÷ list price

Median days on market64Listing to accepted offer

Median price per sq ft$149▲ +4.2% vs. last year

Run the numbers for 40741

Prefilled for 40741Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40741Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

East Bernstadt 40729Balanced $119 /sq ft Keavy 40737Seller’s market $173 /sq ft Lily 40740Buyer’s market $140 /sq ft London 40744Balanced $156 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology