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DEMA, KY 41859

Real Estate Market Report  ·  Knott County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The DEMA, KY real estate market (41859) currently shows 2 active listings. Homes are averaging 120 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 120 days on market compared to 190 days last year.

The median listing price has fallen 39% year-over-year, from $175,000 to $106,725.

Whether you are buying or selling in DEMA, 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: 231  ·  Density: 12.5/mi²  ·  Median household income: $0

Typical home value: $69,748  ·  Homeownership: 88.6%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$106,725
⇩ 39% vs $175,000 last year
Average Price
$106,725
⇩ 39% vs $175,000 last year
Days on Market
120
⇩ 36.8% vs 190 days last year

Price Per Square Foot

Median $/sqft
$97
vs $97/sqft last year
Median Home Size
3,500 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 120 now vs 190 last year

Median & Average Pricing

Year over Year
  • Median: $106,725 (-39% YoY)
  • Average: $106,725 (-39% 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 12.4 miles — 36 listings ($7,460,390 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
41859Dema, KY 418590.0 mi1$29,000$29,000$29,000
41666Wayland, KY 416663.2 mi1$45,000$45,000$45,000
41606Bevinsville, KY 416064.2 mi2$38,500$19,250$19,250
41839Mousie, KY 418395.8 mi1$84,000$84,000$84,000
41619Drift, KY 416196.1 mi1$131,225$131,225$131,225
41660Teaberry, KY 416607.6 mi1$27,500$27,500$27,500
41631Grethel, KY 416318.2 mi2$502,500$251,250$251,250
41572Virgie, KY 415729.4 mi7$1,919,960$266,875$274,280
41843Pine Top, KY 418439.7 mi1$84,000$84,000$84,000
41635Harold, KY 416359.8 mi10$2,193,080$189,850$219,308
41615Dana, KY 4161511.1 mi2$650,500$325,250$325,250
41603Banner, KY 4160312.1 mi5$1,446,125$289,450$289,225
41822Hindman, KY 4182212.4 mi2$309,000$154,500$154,500

Frequently Asked Questions

How many homes are for sale in DEMA, KY 41859?

As of March 2026, there are 2 active listings in DEMA, KY (zip code 41859), compared to 1 the prior year.

What is the median home price in DEMA, KY 41859?

The median listing price in DEMA, KY 41859 is $106,725 as of March 2026, a 39% decrease from $175,000 the prior year.

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

Homes in DEMA, KY 41859 spend an average of 120 days on the market before going under contract, compared to 190 days the prior year.

Is it a seller's or buyer's market in DEMA, KY 41859?

Based on current inventory and days-on-market data as of March 2026, DEMA, KY 41859 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 120 days on market compared to 190 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DEMA, KY 41859 save an estimated $2,135 compared to a typical 5% commission on the median listing price of $106,725. 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.