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RAVENNA, KY 40472

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The RAVENNA, KY real estate market (40472) currently shows 2 active listings, with 2 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 116 days on market compared to 103 days last year.

The median listing price has risen 324.9% year-over-year, from $281,450 to $1,196,000.

Whether you are buying or selling in RAVENNA, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,458  ·  Density: 12.5/mi²  ·  Median household income: $39,028

Typical home value: $84,597  ·  Homeownership: 77.5%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
2
100% pending ratio
Median Price
$1,196,000
⇧ 324.9% vs $281,450 last year
Average Price
$1,196,000
⇧ 324.9% vs $281,450 last year
Days on Market
116
⇧ 12.6% vs 103 days last year

Price Per Square Foot

Median $/sqft
$516
⇧ 266% vs $141/sqft last year
Median Home Size
1,980 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 116 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $1,196,000 (+324.9% YoY)
  • Average: $1,196,000 (+324.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.6 miles — 358 listings ($135,477,607 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40472Ravenna, KY 404720.0 mi4$9,000,000$2,250,000$2,250,000
40380Stanton, KY 403808.7 mi40$17,871,600$347,500$446,790
40376Slade, KY 4037610.8 mi7$1,816,500$232,000$259,500
41311Beattyville, KY 4131112.8 mi25$8,309,550$262,000$332,382
40385Waco, KY 4038514.0 mi13$4,272,632$275,000$328,664
40337Jeffersonville, KY 4033716.2 mi15$4,526,205$243,450$301,747
40322Frenchburg, KY 4032219.9 mi7$1,490,419$182,250$212,917
41301Campton, KY 4130121.1 mi31$11,358,555$346,225$366,405
41314Booneville, KY 4131423.3 mi10$2,240,470$170,000$224,047
40403Berea, KY 4040323.7 mi120$37,253,520$279,975$310,446
40486Tyner, KY 4048623.9 mi8$1,806,320$191,000$225,790
40353Mount Sterling, KY 4035324.3 mi77$34,331,836$289,000$445,868
40983Sextons Creek, KY 4098326.6 mi1$1,200,000$1,200,000$1,200,000

Frequently Asked Questions

How many homes are for sale in RAVENNA, KY 40472?

As of March 2026, there are 2 active listings in RAVENNA, KY (zip code 40472), compared to 4 the prior year.

What is the median home price in RAVENNA, KY 40472?

The median listing price in RAVENNA, KY 40472 is $1,196,000 as of March 2026, a 324.9% increase from $281,450 the prior year.

How long do homes stay on the market in RAVENNA, KY?

Homes in RAVENNA, KY 40472 spend an average of 116 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in RAVENNA, KY 40472?

Based on current inventory and days-on-market data as of March 2026, RAVENNA, KY 40472 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 116 days on market compared to 103 days last year.

How much can I save on real estate commission in RAVENNA, KY?

With SELL123.com's maximum 3% commission, sellers in RAVENNA, KY 40472 save an estimated $23,920 compared to a typical 5% commission on the median listing price of $1,196,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.