Photo: Publichall · Public domain88 homes sold in Mount Sterling in the last year, at a typical $256K
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 Mount Sterling homes are listed.
Every place Mount Sterling homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mount Sterling.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 89% of Mount Sterling’s sales, at a typical $250K
88 homes sold in the year to May 2026.
typical sale · 78 sold in 12 months
- Per square foot
- $136KY $162
- Days to sell
- 91
- Sold over asking
- 14%
- Listings with a price cut
- 30%
Multi-family (2–4 units): 5 sold, typical $225K
Townhouses: 3 sold, typical $285K
Condos: 2 sold, typical $384K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.3 times the 2016 price
88 sales in the last year, against 139 in 2021 and a low of 82 in 2015. The typical sale went from $112K in 2016 to $256K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Mount Sterling
Check a listing against what Mount Sterling 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.
Bidding wars in Mount Sterling are more common than before the pandemic, with about as many homes for sale
We read every month of Mount Sterling’s home sales since 2012 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, 88 sales.
If you’re buying in Mount Sterling
- Shop in March. It brings about 13 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- You can negotiate. 28% of listings have cut their price, against 24% before the pandemic.
- Offer under asking. Buyers paid 96.6% of the list price on average; 14% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 82 days.
Spring brings the homes; winter brings the bidding wars
March has the most new listings (about 13 a month), but February is the most competitive: 19% of February sales close over asking. March has the least competition (10%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Kentucky as a whole
| Mount Sterling now | 2017–19 | 2021 peak | KY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 9% | 29% | 18% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 28% | 49% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 28% | 24% | 31% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 96.6% | 94.9% | 97.1% | 97.4% |
| Days to sellMedian days from listing to contract | 82 | 58 | 24 | 50 |
34 homes for sale on a typical day
That’s twice the 2023 low (16), 15% more than in 2017–19 and well under 2012’s 86.
1 in 4 listings has cut its price
28% in the last year, against 24% in 2017–19 and 27% across Kentucky.
Mount Sterling ranks 57th of 77 busy Kentucky markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Mount Sterling is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mount Sterling home costs about $1,497 a month
Price: Mount Sterling’s typical sale, last 12 months. Property tax at Mount Sterling’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 Mount Sterling is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. November has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $256K home, about $1,940 a year.
Taxes vs. neighborsSchools
The schools grade for Mount Sterling, from test results, graduation and how much students grow.
Schools in Mount SterlingTypical commute
The average one-way trip to work for people who live in Mount Sterling.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Mount Sterling, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Winchester | 222 | $250K | $158 | 15% | 51 |
| Paris | 160 | $216K | $140 | 12% | 46 |
| Mount Sterling | 88 | $256K | $137 | 14% | 82 |
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.
Post your home to Mount Sterling, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mount Sterling. People who follow the town see it, and so do people comparing Mount Sterling with their own town. No commission, no listing fee.
Questions about buying a home in Mount Sterling
What do homes sell for in Mount Sterling, KY?
88 homes sold in the year to May 2026 at a typical $256K, $137 a square foot.
Is Mount Sterling a buyer’s or seller’s market?
A balanced market: 28 homes were for sale in May 2026 and 6 sold, about 4.7 months of supply. Buyers paid 96.6% of asking on average, and 28% of listings cut their price.
When is the best time to buy in Mount Sterling?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mount Sterling?
About 0.8% of a home’s value a year. On a $256K home that’s near $1,940.
Where can I see homes for sale in Mount Sterling?
Zillow, Redfin, Realtor.com and Homes.com all carry Mount Sterling’s MLS listings; the search links above open each one filtered to Mount Sterling.
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).