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OIL SPRINGS, KY 41238

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

Market Analysis

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

The OIL SPRINGS, KY real estate market (41238) currently shows 2 active listings, with 1 pending sales. Homes are averaging 84 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 84 days on market compared to 33 days last year.

The median listing price has fallen 43.4% year-over-year, from $378,750 to $214,450.

Whether you are buying or selling in OIL SPRINGS, 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: 781  ·  Density: 10.7/mi²  ·  Median household income: $42,708

Typical home value: $0  ·  Homeownership: 57.0%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$214,450
⇩ 43.4% vs $378,750 last year
Average Price
$214,450
⇩ 53.1% vs $457,250 last year
Days on Market
84
⇧ 154.5% vs 33 days last year

Price Per Square Foot

Median $/sqft
$120
⇩ 29% vs $169/sqft last year
Median Home Size
1,876 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: 84 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $214,450 (-43.4% YoY)
  • Average: $214,450 (-53.1% 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 19.1 miles — 76 listings ($18,781,503 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
41238Oil Springs, KY 412380.0 mi5$2,685,000$537,000$537,000
41219Flatgap, KY 412196.4 mi6$2,466,240$282,300$411,040
41274Wittensville, KY 412747.7 mi2$390,000$195,000$195,000
41240Paintsville, KY 412408.9 mi20$3,866,240$177,225$193,312
41226Keaton, KY 412269.6 mi1$89,900$89,900$89,900
41263Tutor Key, KY 4126310.3 mi1$289,000$289,000$289,000
41216East Point, KY 4121610.7 mi6$1,782,798$264,450$297,133
41234Meally, KY 4123411.8 mi3$750,000$230,000$250,000
41271Williamsport, KY 4127112.4 mi1$124,500$124,500$124,500
41602Auxier, KY 4160212.9 mi3$437,250$145,750$145,750
41653Prestonsburg, KY 4165316.0 mi23$5,115,775$183,975$222,425
41264Ulysses, KY 4126416.5 mi1$215,000$215,000$215,000
41171Sandy Hook, KY 4117119.1 mi4$569,800$142,450$142,450

Frequently Asked Questions

How many homes are for sale in OIL SPRINGS, KY 41238?

As of June 2026, there are 2 active listings in OIL SPRINGS, KY (zip code 41238), compared to 4 the prior year.

What is the median home price in OIL SPRINGS, KY 41238?

The median listing price in OIL SPRINGS, KY 41238 is $214,450 as of June 2026, a 43.4% decrease from $378,750 the prior year.

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

Homes in OIL SPRINGS, KY 41238 spend an average of 84 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in OIL SPRINGS, KY 41238?

Based on current inventory and days-on-market data as of June 2026, OIL SPRINGS, KY 41238 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 84 days on market compared to 33 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OIL SPRINGS, KY 41238 save an estimated $4,289 compared to a typical 5% commission on the median listing price of $214,450. 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.