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OIL SPRINGS, KY 41238

Real Estate Market Report  ·  Johnson County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
1
20% pending ratio
Median Price
$339,700
⇧ 11.4% vs $305,000 last year
Average Price
$438,350
⇧ 9% vs $402,333 last year
Days on Market
64
⇩ 45.3% vs 117 days last year

Market Context

Population: 781  ·  Density: 10.7/mi²  ·  Median household income: $42,708

Typical home value: $0  ·  Homeownership: 57.0%

Market Analysis

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

The OIL SPRINGS, KY real estate market (41238) currently shows 5 active listings, with 1 pending sales. Homes are averaging 64 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 selling faster, averaging 64 days on market compared to 117 days last year.

The median listing price has risen 11.4% year-over-year, from $305,000 to $339,700.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 64 now vs 117 last year

Median & Average Pricing

Year over Year
  • Median: $339,700 (+11.4% YoY)
  • Average: $438,350 (+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 19.1 miles — 91 listings ($22,080,111 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
41238Oil Springs, KY 412380.0 mi5$2,191,750$339,700$438,350
41219Flatgap, KY 412196.4 mi6$2,105,400$279,450$350,900
41274Wittensville, KY 412747.7 mi2$390,000$195,000$195,000
41240Paintsville, KY 412408.9 mi22$4,976,928$229,000$226,224
41268West Van Lear, KY 412689.8 mi2$414,000$207,000$207,000
41465Salyersville, KY 4146510.5 mi16$4,335,200$264,500$270,950
41260Thelma, KY 4126010.9 mi3$608,901$220,000$202,967
41159Martha, KY 4115912.0 mi1$120,000$120,000$120,000
41254River, KY 4125412.6 mi1$135,000$135,000$135,000
41124Blaine, KY 4112413.7 mi1$129,000$129,000$129,000
41653Prestonsburg, KY 4165316.0 mi27$5,889,132$175,000$218,116
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 January 2026, there are 5 active listings in OIL SPRINGS, KY (zip code 41238), compared to 3 the prior year.

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

The median listing price in OIL SPRINGS, KY 41238 is $339,700 as of January 2026, a 11.4% increase from $305,000 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 64 days on the market before going under contract, compared to 117 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 January 2026, OIL SPRINGS, KY 41238 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 117 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 $6,794 compared to a typical 5% commission on the median listing price of $339,700. 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.