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MANCHESTER, KY 40962

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MANCHESTER, KY real estate market (40962) currently shows 32 active listings, with 7 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 119 days on market compared to 93 days last year.

The median listing price has risen 2.6% year-over-year, from $185,000 to $189,875.

Whether you are buying or selling in MANCHESTER, 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: 17,490  ·  Density: 19.9/mi²  ·  Median household income: $36,017

Typical home value: $75,286  ·  Homeownership: 75.9%

Market Overview

Active Listings
32
⇧ 6.7% vs 30 last year
Pending
7
22% pending ratio
Median Price
$189,875
⇧ 2.6% vs $185,000 last year
Average Price
$263,611
⇧ 5.3% vs $250,457 last year
Days on Market
119
⇧ 28% vs 93 days last year

Price Per Square Foot

Median $/sqft
$110
⇩ 6% vs $117/sqft last year
Median Home Size
1,704 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 30 last year
  • Days on market: 119 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $189,875 (+2.6% YoY)
  • Average: $263,611 (+5.3% 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 23.6 miles — 170 listings ($56,581,160 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40962Manchester, KY 409620.0 mi32$8,088,224$175,250$252,757
41714Bear Branch, KY 4171413.4 mi1$125,000$125,000$125,000
40946Green Road, KY 4094613.9 mi1$145,000$145,000$145,000
40402Annville, KY 4040215.9 mi4$796,160$166,750$199,040
40486Tyner, KY 4048616.6 mi8$1,806,320$191,000$225,790
40923Cannon, KY 4092316.7 mi5$653,700$149,900$130,740
40915Bimble, KY 4091518.2 mi1$255,000$255,000$255,000
40740Lily, KY 4074018.3 mi3$686,925$234,450$228,975
40906Barbourville, KY 4090619.3 mi18$6,946,200$319,000$385,900
40744London, KY 4074420.2 mi61$23,165,909$313,075$379,769
41314Booneville, KY 4131421.0 mi10$2,240,470$170,000$224,047
40729East Bernstadt, KY 4072922.9 mi22$10,111,332$269,975$459,606
40737Keavy, KY 4073723.6 mi4$1,560,920$368,500$390,230

Frequently Asked Questions

How many homes are for sale in MANCHESTER, KY 40962?

As of March 2026, there are 32 active listings in MANCHESTER, KY (zip code 40962), compared to 30 the prior year.

What is the median home price in MANCHESTER, KY 40962?

The median listing price in MANCHESTER, KY 40962 is $189,875 as of March 2026, a 2.6% increase from $185,000 the prior year.

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

Homes in MANCHESTER, KY 40962 spend an average of 119 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 MANCHESTER, KY 40962?

Based on current inventory and days-on-market data as of March 2026, MANCHESTER, KY 40962 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 119 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MANCHESTER, KY 40962 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,875. 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.