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Crutcher HouseCrutcher House · Photo: Nyttend · Public domain
Housing in Eminence

51 homes sold in Eminence in the last year, at a typical $255K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Eminence homes are listed.

Homes sold
51
June 2025 to May 2026
Typical sale price
$255K
median, weighted by sales
Price per square foot
$167
Kentucky $162
Paid vs. asking
97.3%
20% sold over asking
For sale now
10
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 100% of Eminence’s sales, at a typical $255K

51 homes sold in the year to May 2026.

Houses$255K

typical sale · 51 sold in 12 months

Per square foot
$167KY $162
Days to sell
55
Sold over asking
20%
Listings with a price cut
34%
12 years of sales

More homes sell than most years, at 2.4 times the 2016 price

51 sales in the last year, against 53 in 2021 and a low of 27 in 2020. The typical sale went from $107K in 2016 to $255K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2013: 39 sold, typical $94K’132014: 32 sold, typical $86K2016: 39 sold, typical $107K’162017: 36 sold, typical $122K2018: 35 sold, typical $135K’182019: 40 sold, typical $133K2020: 27 sold, typical $153K’202021: 53 sold, typical $184K2022: 52 sold, typical $176K’222023: 39 sold, typical $220K2024: 39 sold, typical $234K’242025: 51 sold, typical $270KLast 12 months: 51 sold, typical $255KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Eminence

Houseat $167 a sq ft
The same money in Kentuckyat $162 a sq ft

Is this asking price fair?

Check a listing against what Eminence homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Eminence are back to pre-pandemic levels, and more homes are for sale

We read every month of Eminence’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 51 sales.

If you’re buying in Eminence

  • Shop in July. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • You can negotiate. 34% of listings have cut their price, against 13% before the pandemic.
  • Offer under asking. Buyers paid 97.3% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 55 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 6 a month), but May is the most competitive: 27% of May sales close over asking. January has the least competition (9%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 9% sold over asking, 94 days to sellJFeb: 3 new listings a month, 15% sold over asking, 112 days to sellFMar: 4 new listings a month, 22% sold over asking, 59 days to sellMApr: 4 new listings a month, 25% sold over asking, 99 days to sellAMay: 4 new listings a month, 27% sold over asking, 72 days to sellMJun: 4 new listings a month, 25% sold over asking, 62 days to sellJJul: 6 new listings a month, 23% sold over asking, 69 days to sellJAug: 4 new listings a month, 20% sold over asking, 71 days to sellASep: 3 new listings a month, 24% sold over asking, 65 days to sellSOct: 3 new listings a month, 21% sold over asking, 77 days to sellONov: 4 new listings a month, 18% sold over asking, 106 days to sellNDec: 4 new listings a month, 16% sold over asking, 81 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Kentucky as a whole

Eminence now2017–192021 peakKY now
Sold over askingShare of sales that closed above the list price20%18%34%18%
Gone within two weeksShare of homes under contract within 14 days25%3%4%36%
Listings with a price cutShare of homes for sale that cut their price34%13%—27%
Price paid vs. askingAverage sale price ÷ list price97.3%95.9%99.2%97.4%
Days to sellMedian days from listing to contract55867550
Supply

14 homes for sale on a typical day

That’s 2.3 times the 2023 low (6), 23% more than in 2017–19 and well under 2013’s 24.

2013: 24 for sale’132014: 18 for sale2016: 20 for sale2017: 10 for sale’172018: 12 for sale2019: 10 for sale2020: 9 for sale’202021: 11 for sale2022: 12 for sale2023: 6 for sale’232024: 11 for sale2025: 13 for saleLast 12 months: 14 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 13% in 2017–19 and 27% across Kentucky. More sellers are pricing high and coming down.

2016: 7%’162017: 13%2022: 18%2023: 25%’232024: 32%2025: 31%Last 12 months: 34%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Eminence home costs about $1,507 a month

Mortgage
Property tax
Insurance
Rent

Price: Eminence’s typical sale, last 12 months. Property tax at Eminence’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Eminence is affordable on local pay is on Cost of living.

Before you buy in Eminence

Six things worth knowing

6

New listings in July

The month with the most choice. February has the fewest, about 3.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $255K home, about $2,110 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Eminence, from test results, graduation and how much students grow.

Schools in Eminence
28 min

Typical commute

The average one-way trip to work for people who live in Eminence.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Eminence, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Shelbyville275$319K$17012%54
La Grange160$329K$18018%38
Crestwood92$509K$20413%57
Buckner62$506K$17126%54
Simpsonville54$333K$1867%42
Eminence51$255K$16720%55
Pewee Valley20$776K$19315%84

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Eminence, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Eminence. People who follow the town see it, and so do people comparing Eminence with their own town. No commission, no listing fee.

Questions about buying a home in Eminence

What do homes sell for in Eminence, KY?

51 homes sold in the year to May 2026 at a typical $255K, $167 a square foot.

Is Eminence a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in May 2026 and 5 sold, about 2 months of supply. Buyers paid 97.3% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Eminence?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Eminence?

About 0.8% of a home’s value a year. On a $255K home that’s near $2,110.

Where can I see homes for sale in Eminence?

Zillow, Redfin, Realtor.com and Homes.com all carry Eminence’s MLS listings; the search links above open each one filtered to Eminence.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).