The Barbourville housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Barbourville currently stands at $179,000. With 4.0 months of supply, Barbourville's inventory levels remain relatively tight. Homes are taking about 179 days to sell, which is 0 days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Barbourville market with the affordability index at 341.6. Based on current market indicators, home prices in Barbourville are projected to decrease by approximately 13.7% over the next month.
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