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NEON, KY 41840

Real Estate Market Report  ·  Letcher County
Balanced Market
May 2026  ·  Source: Realtor.com

Market Analysis

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

The NEON, KY real estate market (41840) currently shows 1 active listings, with 1 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 33 days on market compared to 64 days last year.

The median listing price has fallen 65.6% year-over-year, from $90,000 to $31,000.

Whether you are buying or selling in NEON, 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: 1,187  ·  Density: 92.4/mi²  ·  Median household income: $54,500

Typical home value: $0  ·  Homeownership: 80.1%

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$31,000
⇩ 65.6% vs $90,000 last year
Average Price
$31,000
⇩ 65.6% vs $90,000 last year
Days on Market
33
⇩ 48.4% vs 64 days last year

Price Per Square Foot

Median $/sqft
$15
⇩ 78.3% vs $69/sqft last year
Median Home Size
2,075 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 33 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $31,000 (-65.6% YoY)
  • Average: $31,000 (-65.6% 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 17.0 miles — 45 listings ($8,243,808 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
41835McRoberts, KY 418352.7 mi2$289,900$144,950$144,950
41537Jenkins, KY 415375.8 mi5$1,398,900$350,000$279,780
24279Pound, VA 242798.6 mi5$668,415$124,999$133,683
41843Pine Top, KY 418439.3 mi1$84,000$84,000$84,000
41606Bevinsville, KY 4160610.2 mi2$38,500$19,250$19,250
41845Premium, KY 4184511.0 mi1$169,900$169,900$169,900
41834Littcarr, KY 4183413.4 mi2$239,500$119,750$119,750
41636Hi Hat, KY 4163613.7 mi1$49,000$49,000$49,000
24228Clintwood, VA 2422814.9 mi17$2,773,941$144,000$163,173
41560Robinson Creek, KY 4156015.5 mi1$275,000$275,000$275,000
41647McDowell, KY 4164716.0 mi4$904,752$142,750$226,188
41773Vicco, KY 4177316.6 mi3$1,182,000$394,000$394,000
41759Sassafras, KY 4175917.0 mi1$170,000$170,000$170,000

Frequently Asked Questions

How many homes are for sale in NEON, KY 41840?

As of May 2026, there are 1 active listings in NEON, KY (zip code 41840), compared to 1 the prior year.

What is the median home price in NEON, KY 41840?

The median listing price in NEON, KY 41840 is $31,000 as of May 2026, a 65.6% decrease from $90,000 the prior year.

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

Homes in NEON, KY 41840 spend an average of 33 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in NEON, KY 41840?

Based on current inventory and days-on-market data as of May 2026, NEON, KY 41840 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 33 days on market compared to 64 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEON, KY 41840 save an estimated $620 compared to a typical 5% commission on the median listing price of $31,000. 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.