Is Phelps, KY 41553 a buyer’s or seller’s market?

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

Phelps is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list86.7%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$50▼ −50.2% vs. last year

Nearby markets

Belcher 41513Seller’s market $74 /sq ftBelfry 41514Buyer’s market $61 /sq ftCanada 41519 — /sq ftElkhorn City 41522Seller’s market $104 /sq ft Browse all markets →

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