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CANNON, KY 40923

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

Market Analysis

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

The CANNON, KY real estate market (40923) currently shows 5 active listings. Homes are averaging 177 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 177 days on market compared to 136 days last year.

The median listing price has fallen 35.9% year-over-year, from $233,750 to $149,900.

Whether you are buying or selling in CANNON, 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: 625  ·  Density: 44.3/mi²  ·  Median household income: $35,375

Typical home value: $105,459  ·  Homeownership: 80.1%

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
0
0% pending ratio
Median Price
$149,900
⇩ 35.9% vs $233,750 last year
Average Price
$130,740
⇩ 43.8% vs $232,500 last year
Days on Market
177
⇧ 30.1% vs 136 days last year

Price Per Square Foot

Median $/sqft
$89
⇩ 24.6% vs $118/sqft last year
Median Home Size
1,580 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 177 now vs 136 last year

Median & Average Pricing

Year over Year
  • Median: $149,900 (-35.9% YoY)
  • Average: $130,740 (-43.8% 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 21.4 miles — 92 listings ($23,697,619 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40923Cannon, KY 409230.0 mi5$653,700$149,900$130,740
40915Bimble, KY 409152.5 mi1$259,000$259,000$259,000
40953Hinkle, KY 409532.9 mi2$415,000$207,500$207,500
40935Flat Lick, KY 409357.6 mi5$934,000$159,000$186,800
40997Walker, KY 409979.9 mi1$375,000$375,000$375,000
40771Woodbine, KY 4077111.1 mi1$72,400$72,400$72,400
40902Arjay, KY 4090213.4 mi1$149,900$149,900$149,900
40977Pineville, KY 4097715.2 mi23$5,285,515$195,000$229,805
40941Garrard, KY 4094115.5 mi0$0$529,000$529,000
40737Keavy, KY 4073717.1 mi5$1,968,900$350,000$393,780
40813Calvin, KY 4081319.9 mi2$330,000$165,000$165,000
40979Roark, KY 4097920.4 mi2$378,000$189,000$189,000
40965Middlesboro, KY 4096521.4 mi44$12,876,204$198,750$292,641

Frequently Asked Questions

How many homes are for sale in CANNON, KY 40923?

As of February 2026, there are 5 active listings in CANNON, KY (zip code 40923), compared to 2 the prior year.

What is the median home price in CANNON, KY 40923?

The median listing price in CANNON, KY 40923 is $149,900 as of February 2026, a 35.9% decrease from $233,750 the prior year.

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

Homes in CANNON, KY 40923 spend an average of 177 days on the market before going under contract, compared to 136 days the prior year.

Is it a seller's or buyer's market in CANNON, KY 40923?

Based on current inventory and days-on-market data as of February 2026, CANNON, KY 40923 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 177 days on market compared to 136 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CANNON, KY 40923 save an estimated $2,998 compared to a typical 5% commission on the median listing price of $149,900. 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.