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BANNER, KY 41603

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The BANNER, KY real estate market (41603) currently shows 5 active listings, with 1 pending sales. Homes are averaging 112 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 112 days on market compared to 34 days last year.

The median listing price has risen 126.8% year-over-year, from $127,625 to $289,450.

Whether you are buying or selling in BANNER, 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: 1,718  ·  Density: 47.3/mi²  ·  Median household income: $53,048

Typical home value: $111,622  ·  Homeownership: 56.2%

Market Overview

Active Listings
5
⇩ 28.6% vs 7 last year
Pending
1
20% pending ratio
Median Price
$289,450
⇧ 126.8% vs $127,625 last year
Average Price
$289,225
⇧ 46.8% vs $196,990 last year
Days on Market
112
⇧ 229.4% vs 34 days last year

Price Per Square Foot

Median $/sqft
$118
⇧ 15.7% vs $102/sqft last year
Median Home Size
2,286 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 7 last year
  • Days on market: 112 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $289,450 (+126.8% YoY)
  • Average: $289,225 (+46.8% 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 12.9 miles — 113 listings ($35,204,136 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
41603Banner, KY 416030.0 mi4$1,156,900$289,450$289,225
41605Betsy Layne, KY 416053.1 mi5$433,335$115,000$86,667
41601Allen, KY 416013.9 mi2$2,300,000$1,150,000$1,150,000
41649Martin, KY 416495.3 mi5$570,625$114,500$114,125
41645Langley, KY 416456.2 mi1$195,000$195,000$195,000
41631Grethel, KY 416316.6 mi2$465,000$232,500$232,500
41653Prestonsburg, KY 416538.2 mi27$5,889,132$175,000$218,116
41501Pikeville, KY 4150110.1 mi63$23,750,244$327,000$376,988
41666Wayland, KY 4166610.5 mi1$45,000$45,000$45,000
41502Pikeville, KY 4150210.7 mi0$0$425,000$425,000
41636Hi Hat, KY 4163611.4 mi1$49,000$49,000$49,000
41643Lackey, KY 4164312.0 mi1$74,900$74,900$74,900
41560Robinson Creek, KY 4156012.9 mi1$275,000$275,000$275,000

Frequently Asked Questions

How many homes are for sale in BANNER, KY 41603?

As of February 2026, there are 5 active listings in BANNER, KY (zip code 41603), compared to 7 the prior year.

What is the median home price in BANNER, KY 41603?

The median listing price in BANNER, KY 41603 is $289,450 as of February 2026, a 126.8% increase from $127,625 the prior year.

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

Homes in BANNER, KY 41603 spend an average of 112 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in BANNER, KY 41603?

Based on current inventory and days-on-market data as of February 2026, BANNER, KY 41603 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 112 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BANNER, KY 41603 save an estimated $5,789 compared to a typical 5% commission on the median listing price of $289,450. 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.