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LONDON, KY 40744

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

Market Analysis

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

The LONDON, KY real estate market (40744) currently shows 62 active listings, with 13 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are selling faster, averaging 75 days on market compared to 93 days last year.

The median listing price has fallen 15.4% year-over-year, from $344,000 to $291,000.

Whether you are buying or selling in LONDON, 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: 18,626  ·  Density: 69.3/mi²  ·  Median household income: $62,481

Typical home value: $147,572  ·  Homeownership: 72.5%

Market Overview

Active Listings
62
⇧ 29.2% vs 48 last year
Pending
13
21% pending ratio
Median Price
$291,000
⇩ 15.4% vs $344,000 last year
Average Price
$347,738
⇩ 11.2% vs $391,391 last year
Days on Market
75
⇩ 19.4% vs 93 days last year

Price Per Square Foot

Median $/sqft
$168
⇩ 1.2% vs $170/sqft last year
Median Home Size
1,880 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 48 last year
  • Days on market: 75 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $291,000 (-15.4% YoY)
  • Average: $347,738 (-11.2% 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 25.6 miles — 372 listings ($113,601,391 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40744London, KY 407440.0 mi61$23,165,909$313,075$379,769
40737Keavy, KY 407373.5 mi4$1,560,920$368,500$390,230
40701Corbin, KY 407019.4 mi99$30,524,076$270,925$308,324
40771Woodbine, KY 4077112.7 mi1$55,900$55,900$55,900
40759Rockholds, KY 4075915.2 mi3$726,000$242,000$242,000
40923Cannon, KY 4092315.5 mi5$653,700$149,900$130,740
40906Barbourville, KY 4090615.7 mi18$6,946,200$319,000$385,900
40915Bimble, KY 4091517.9 mi1$255,000$255,000$255,000
42501Somerset, KY 4250120.0 mi90$26,360,730$234,900$292,897
40962Manchester, KY 4096220.2 mi32$8,088,224$175,250$252,757
40935Flat Lick, KY 4093522.6 mi5$929,000$159,000$185,800
40456Mount Vernon, KY 4045625.3 mi25$6,869,000$288,100$274,760
42519Burnside, KY 4251925.6 mi28$7,466,732$284,000$266,669

Frequently Asked Questions

How many homes are for sale in LONDON, KY 40744?

As of March 2026, there are 62 active listings in LONDON, KY (zip code 40744), compared to 48 the prior year.

What is the median home price in LONDON, KY 40744?

The median listing price in LONDON, KY 40744 is $291,000 as of March 2026, a 15.4% decrease from $344,000 the prior year.

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

Homes in LONDON, KY 40744 spend an average of 75 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in LONDON, KY 40744?

Based on current inventory and days-on-market data as of March 2026, LONDON, KY 40744 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 75 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LONDON, KY 40744 save an estimated $5,820 compared to a typical 5% commission on the median listing price of $291,000. 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.