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ALBANY, KY 42602

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ALBANY, KY real estate market (42602) currently shows 46 active listings, with 4 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 64 days last year.

The median listing price has risen 2.3% year-over-year, from $227,000 to $232,175.

Whether you are buying or selling in ALBANY, 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: 9,141  ·  Density: 18.7/mi²  ·  Median household income: $40,551

Typical home value: $102,615  ·  Homeownership: 72.8%

Market Overview

Active Listings
46
⇧ 24.3% vs 37 last year
Pending
4
9% pending ratio
Median Price
$232,175
⇧ 2.3% vs $227,000 last year
Average Price
$293,455
⇧ 2.7% vs $285,871 last year
Days on Market
121
⇧ 89.1% vs 64 days last year

Price Per Square Foot

Median $/sqft
$147
⇩ 3.9% vs $153/sqft last year
Median Home Size
1,648 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 37 last year
  • Days on market: 121 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $232,175 (+2.3% YoY)
  • Average: $293,455 (+2.7% 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 31.0 miles — 467 listings ($189,341,728 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
42602Albany, KY 426020.0 mi47$14,325,506$253,450$304,798
38549Byrdstown, TN 3854911.8 mi43$35,476,462$436,975$825,034
42717Burkesville, KY 4271714.3 mi52$21,488,272$260,000$413,236
42633Monticello, KY 4263317.2 mi58$15,676,414$239,225$270,283
38541Allons, TN 3854118.0 mi8$3,083,288$417,000$385,411
38551Celina, TN 3855123.0 mi26$9,745,762$309,900$374,837
42151Hestand, KY 4215124.4 mi2$560,000$280,000$280,000
38556Jamestown, TN 3855625.1 mi149$61,335,254$355,224$411,646
42544Nancy, KY 4254427.3 mi41$15,468,808$312,450$377,288
38568Hilham, TN 3856827.7 mi17$5,611,768$264,857$330,104
42167Tompkinsville, KY 4216729.7 mi22$5,915,294$236,000$268,877
38575Moss, TN 3857530.3 mi1$475,000$475,000$475,000
38589Wilder, TN 3858931.0 mi1$179,900$179,900$179,900

Frequently Asked Questions

How many homes are for sale in ALBANY, KY 42602?

As of March 2026, there are 46 active listings in ALBANY, KY (zip code 42602), compared to 37 the prior year.

What is the median home price in ALBANY, KY 42602?

The median listing price in ALBANY, KY 42602 is $232,175 as of March 2026, a 2.3% increase from $227,000 the prior year.

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

Homes in ALBANY, KY 42602 spend an average of 121 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 ALBANY, KY 42602?

Based on current inventory and days-on-market data as of March 2026, ALBANY, KY 42602 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 64 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALBANY, KY 42602 save an estimated $4,644 compared to a typical 5% commission on the median listing price of $232,175. 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.