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Sarah Mitchell

CNESRESABR

Compass Real Estate · Raceland, KY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Raceland, KY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Raceland, KY Housing Market & Real Estate

Balanced market+19.8% YoY

Housing market overview · Updated monthly ·

$192,250median sale price

How is the Raceland, KY housing market right now?

The median home sale price in Raceland, KY is $192,250, up 19.8% year-over-year. Homes sell in an average of 57 days with 8 active listings. The market is currently a balanced market. (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 Raceland a buyer's or seller's market?

Balanced market1.3 months of supply57 avg. days on market

Raceland, KY is currently a balanced market, based on 1.3 months of supply and homes selling in about 57 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

57

Average pace

Active listings

8

1.3 months supply

Sale-to-list

95.4%

Below asking

What does the Raceland housing market data show?

Current housing market statistics for Raceland, KY
MetricValue
Median sale price$192,250
Median list price$265,999
Year-over-year price change+19.8%
Average days on market57 days
Active inventory8 listings
Months of supply1.3 months
Sale-to-list price ratio95.4%
Median price per sq ft$110/sq ft
Homes sold (latest month)6
New listings (latest month)3
Listings with a price cut12.5%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Raceland by property type?

How the Raceland, KY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Raceland, KY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$192,250$110/sq ft657 days
Condo / Co-op$70,000$81/sq ft124 days

Source: Redfin · Updated monthly

The Raceland housing market is currently classified as a balanced market with a median sale price of $192,250. Prices have risen 19.8% compared to last year, with homes spending an average of 57 days on market, indicating 1.3 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 2.4x provides context for how home values compare to local earning capacity.

Homes for sale in Raceland

There are currently 8 homes listed for sale in Raceland, Kentucky. The median listing price is $266K.

Active listings

8

Homes on market

Median list price

$266K

Avg. days on market

57

Days until sale

New this week

3

Newly listed

Price drops:12.5%of listings
Sale-to-list:95.4%

Who lives in Raceland?

Population

2,173

Median income

$61,923/yr

Median age

44 years

Owner-occupied

77.6%

College grads

22.4%

Avg commute

21.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Raceland?

Zillow home value

$151,289

Price-to-income

2.4x

Source: Zillow Research

What is it like to live in Raceland?

Raceland is a community of approximately 2K residents with a median age of 44 years.The median household income is $61,923, which represents a working-class community with solid middle-income opportunities. 22.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 77.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Raceland offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Raceland?

3 schools tracked · 1,118 students

The largest public schools serving Raceland, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Raceland-Worthington Middle School

Grades 3-8 · 460 students

Public

Campbell Elementary School

Grades PK-2 · 341 students

Public

Raceland-Worthington High School

Grades 9-12 · 317 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Raceland, KY?

Want a head-to-head view? Compare Raceland side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Raceland?

The median home sale price in Raceland is $192,250, up 19.8% from last year.

How long do homes stay on market in Raceland?

Homes typically spend 57 days on market before going under contract.

What is the median income in Raceland?

The median household income is $61,923 per year.

Is Raceland a buyer's or seller's market?

With 1.3 months of supply, Raceland is currently a balanced market.

What is the Zillow home value estimate for Raceland?

The Zillow Home Value Index (ZHVI) for Raceland is $151,289, representing the typical home value in the area.

What is the median condo price in Raceland?

The median condo/co-op sale price in Raceland, KY is $70,000, compared to $192,250 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Raceland?

The median single-family home price in Raceland, KY is $192,250 (about $110 per square foot).

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