Call or Text (240) SELL-123

WATER VALLEY, KY 42085

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$164,900
⇩ 0.1% vs $165,000 last year
Average Price
$164,900
⇩ 0.1% vs $165,000 last year
Days on Market
108
⇩ 43.8% vs 192 days last year

Market Context

Population: 658  ·  Density: 8.9/mi²  ·  Median household income: $56,182

Typical home value: $98,754  ·  Homeownership: 96.1%

Market Analysis

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

The WATER VALLEY, KY real estate market (42085) currently shows 2 active listings, with 1 pending sales. Homes are averaging 108 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 108 days on market compared to 192 days last year.

The median listing price has fallen 0.1% year-over-year, from $165,000 to $164,900.

Whether you are buying or selling in WATER VALLEY, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WATER VALLEY, KY 42085 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 108 now vs 192 last year

Median & Average Pricing

Year over Year
  • Median: $164,900 (-0.1% YoY)
  • Average: $164,900 (-0.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.7 miles — 194 listings ($51,483,329 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
42085Water Valley, KY 420850.0 mi2$329,800$164,900$164,900
42041Fulton, KY 420414.4 mi23$4,546,985$161,500$197,695
38226Dukedom, TN 382269.9 mi1$99,900$99,900$99,900
42031Clinton, KY 4203113.2 mi15$3,327,660$174,900$221,844
42066Mayfield, KY 4206614.4 mi63$16,602,957$244,900$263,539
38241Palmersville, TN 3824115.2 mi6$806,400$94,000$134,400
38225Dresden, TN 3822518.7 mi19$5,412,416$250,250$284,864
38261Union City, TN 3826119.9 mi47$12,872,642$235,000$273,886
42051Hickory, KY 4205121.6 mi4$810,400$179,900$202,600
42054Kirksey, KY 4205422.9 mi2$464,800$232,400$232,400
42035Cunningham, KY 4203523.2 mi3$3,037,500$1,012,500$1,012,500
38253Rives, TN 3825323.6 mi2$440,000$220,000$220,000
42027Boaz, KY 4202725.7 mi7$2,731,869$399,950$390,267

Frequently Asked Questions

How many homes are for sale in WATER VALLEY, KY 42085?

As of January 2026, there are 2 active listings in WATER VALLEY, KY (zip code 42085), compared to 1 the prior year.

What is the median home price in WATER VALLEY, KY 42085?

The median listing price in WATER VALLEY, KY 42085 is $164,900 as of January 2026, a 0.1% decrease from $165,000 the prior year.

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

Homes in WATER VALLEY, KY 42085 spend an average of 108 days on the market before going under contract, compared to 192 days the prior year.

Is it a seller's or buyer's market in WATER VALLEY, KY 42085?

Based on current inventory and days-on-market data as of January 2026, WATER VALLEY, KY 42085 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 108 days on market compared to 192 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WATER VALLEY, KY 42085 save an estimated $3,298 compared to a typical 5% commission on the median listing price of $164,900. 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.