Is Now a Good Time to Buy or Sell?

As your local Powell County real estate expert, I’m committed to keeping you updated on what’s happening right here in our community. Whether you're thinking of buying, selling, or just staying informed, this month’s real estate snapshot offers some key insights into where our market stands.

Let’s break it down with fresh April 2025 data straight from the MLS.

📊 Market Snapshot: April 2025

From March 22 to April 22, 2025, here’s what’s happening in Powell County’s residential market:

• 7 homes sold

• Median Sold Price: $205,000

• Average Sold Price: $222,228

• Median List Price (Sold Homes): $215,000

• Average List Price (Sold Homes): $230,357

• Days on Market (DOM): 105

• Cumulative DOM (CDOM): 142

• List-to-Sale Price Ratio (SP/LP): 96.47%

• Original List-to-Sale Price Ratio (SP/OLP): 88.39%

🏡 Thinking About Selling?

The numbers speak loud and clear — homes are still moving, and sellers are getting close to their asking prices, with an average sale at 96.47% of list price. That’s great news if you're considering selling soon!

• Low Inventory: With just 7 homes sold and 50 currently active, there’s limited competition. That gives your home more visibility.

• Faster Sales Possible with Strategic Pricing: Although the average days on market is 105, well-priced and well-prepped homes can sell faster — especially in spring when buyer activity picks up.

• Strong Demand: A median sale price of $205,000 reflects solid buyer interest and pricing stability in our area.

💡 Pro Tip: Homes priced right and marketed well are getting attention. I can help you get your home market-ready.

🔑 Is It a Good Time to Buy in Powell County?

If you’re looking to make a move, Powell County is still one of the most affordable and desirable areas in Central Kentucky.

Here’s why buyers are jumping in now:

• New Listings Are Coming In: 15 new properties hit the market in the last 30 days with a median list price of $189,000. That’s below the median sold price, meaning you may be able to get in before prices rise.

• Pending Sales Tell the Story: 6 homes are currently pending with a median list price of $245,000, signaling continued strong demand.

• Affordable Entry Point: With the average active list price around $390,689, there’s a range of homes available from entry-level to dream home status.

💡 Buy now while interest rates are relatively stable and inventory is building — spring and summer are prime moving seasons!

💬 Final Thoughts from Ashley

There’s opportunity on both sides of the market right now in Powell County. If you’re a seller, rising sale prices and limited competition make it a smart time to list. If you’re a buyer, new inventory and favorable pricing mean it’s a great moment to find your home — before more buyers jump in.

Need help navigating your next step? I'm just a call or click away!

📞 Let’s Chat!

I’d love to help you buy, sell, or simply understand your options.
👉 ashleyschirmer.com
📧 ashley@bhhsfoster.com
📱 859-432-2228

Whether you’re making a move or just curious — let’s talk about what’s possible in Powell County real estate.