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MANCHESTER, KY 40962

Real Estate Market Report  ·  Clay County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
32
⇧ 23.1% vs 26 last year
Pending
3
9% pending ratio
Median Price
$169,500
⇩ 15.2% vs $199,825 last year
Average Price
$248,718
⇩ 0.9% vs $251,041 last year
Days on Market
135
⇧ 45.2% vs 93 days last year

Market Context

Population: 17,490  ·  Density: 19.9/mi²  ·  Median household income: $36,017

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

Market Analysis

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

The MANCHESTER, KY real estate market (40962) currently shows 32 active listings, with 3 pending sales. Homes are averaging 135 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 135 days on market compared to 93 days last year.

The median listing price has fallen 15.2% year-over-year, from $199,825 to $169,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 26 last year
  • Days on market: 135 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $169,500 (-15.2% YoY)
  • Average: $248,718 (-0.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 179 listings ($60,435,773 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40962Manchester, KY 409620.0 mi32$7,958,976$169,500$248,718
40972Oneida, KY 4097210.3 mi3$390,000$130,000$130,000
40983Sextons Creek, KY 4098313.6 mi1$1,200,000$1,200,000$1,200,000
40402Annville, KY 4040215.9 mi3$619,401$148,500$206,467
40486Tyner, KY 4048616.6 mi10$2,239,710$194,000$223,971
40923Cannon, KY 4092316.7 mi5$653,700$149,900$130,740
40915Bimble, KY 4091518.2 mi1$259,000$259,000$259,000
40740Lily, KY 4074018.3 mi5$995,000$170,000$199,000
40868Stinnett, KY 4086818.7 mi1$129,000$129,000$129,000
40906Barbourville, KY 4090619.3 mi19$6,937,147$269,450$365,113
40744London, KY 4074420.2 mi64$24,839,936$299,000$388,124
41314Booneville, KY 4131421.0 mi9$2,719,017$170,000$302,113
40729East Bernstadt, KY 4072922.9 mi26$11,494,886$250,000$442,111

Frequently Asked Questions

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

As of January 2026, there are 32 active listings in MANCHESTER, KY (zip code 40962), compared to 26 the prior year.

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

The median listing price in MANCHESTER, KY 40962 is $169,500 as of January 2026, a 15.2% decrease from $199,825 the prior year.

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

Homes in MANCHESTER, KY 40962 spend an average of 135 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 January 2026, MANCHESTER, KY 40962 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 135 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 $3,390 compared to a typical 5% commission on the median listing price of $169,500. 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.