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Featured local agent — Oak Grove, KY
Sarah Mitchell
Compass Real Estate · Oak Grove, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Grove, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Oak Grove, KY housing market right now?
The median home sale price in Oak Grove, KY is $230,000, up 2.2% year-over-year. Homes sell in an average of 94 days with 77 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oak Grove a buyer's or seller's market?
Oak Grove, KY is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 94 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
94
Average pace
Active listings
77
4.5 months supply
Sale-to-list
97.8%
Below asking
What does the Oak Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $282,450 |
| Year-over-year price change | +2.2% |
| Average days on market | 94 days |
| Active inventory | 77 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $201/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 20 |
| Listings with a price cut | 26.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Oak Grove by property type?
How the Oak Grove, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,000 | $201/sq ft | 17 | 94 days |
Source: Redfin · Updated monthly
The Oak Grove housing market is currently classified as a leaning buyer's with a median sale price of $230,000. Prices have risen 2.2% compared to last year, with homes spending an average of 94 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Oak Grove
There are currently 77 homes listed for sale in Oak Grove, Kentucky. The median listing price is $282K.
Active listings
77
Homes on market
Median list price
$282K
Avg. days on market
94
Days until sale
New this week
20
Newly listed
Who lives in Oak Grove?
Population
7,945
Median income
$47,886/yr
Median age
25.4 years
Owner-occupied
42.6%
College grads
15.0%
Avg commute
23.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Oak Grove?
Zillow home value
$213,688
Zillow rent index
$1,140/mo
Price-to-rent ratio
15.6x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Oak Grove?
Oak Grove is a community of approximately 8K residents with a median age of 25.4 years.The median household income is $47,886, which represents a working-class community with solid middle-income opportunities. 15.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 42.6%, showing a blend of owner and renter-occupied properties. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oak Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oak Grove, KY?
Want a head-to-head view? Compare Oak Grove side-by-side with any other U.S. city using our market-comparison tool.
Is Oak Grove a good real estate investment market?
For investors evaluating Oak Grove, the price-to-rent ratio of 15.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oak Grove's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oak Grove's median home price.
Frequently asked questions
What is the average home price in Oak Grove?
The median home sale price in Oak Grove is $230,000, up 2.2% from last year.
How long do homes stay on market in Oak Grove?
Homes typically spend 94 days on market before going under contract.
What is the median income in Oak Grove?
The median household income is $47,886 per year.
Is Oak Grove a buyer's or seller's market?
With 4.5 months of supply, Oak Grove is currently a leaning buyer's.
What is the Zillow home value estimate for Oak Grove?
The Zillow Home Value Index (ZHVI) for Oak Grove is $213,688, representing the typical home value in the area.
How much does a single-family home cost in Oak Grove?
The median single-family home price in Oak Grove, KY is $230,000 (about $201 per square foot).
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