Elizabethtown, KY Housing Market Breakdown: What You Need to Know in 2025

As of Spring 2025, the Elizabethtown, Kentucky housing market is evolving. With home values rising, days on market increasing slightly, and more listings hitting the market, buyers and sellers alike are adjusting to a new real estate climate. If you’re planning to buy or sell in Elizabethtown, here’s your complete breakdown of current market trends and what they mean for your next move.

 Median Home Values on the Rise

The median home value in Elizabethtown has climbed to $257,767, representing a 7% increase year-over-year. This growth reflects continued demand for housing in the area, particularly from out-of-town buyers relocating for work, military service at Fort Knox, or a lower cost of living.

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Current Sales Trends

• Median Sale Price: $304,950 (up 1.7% YoY)

• Average Days on Market: 51 days

• Inventory: 135 active listings

• Price Reductions: 18 properties dropped asking price recently

These numbers suggest that while homes are still appreciating, the market is shifting from a strong seller's market to a more balanced market, where pricing correctly matters more than ever.

Breakdown by Home Size

• 3-bedroom homes: Median price around $287,000

• 4-bedroom homes: Median price up to $379,900 (18.3% increase)

• 5+ bedroom homes: Prices down nearly 19% — an opportunity for savvy buyers

This trend shows larger homes are becoming more negotiable, possibly due to fewer buyers needing as much space or being priced out by rate hikes.

 Who’s Moving In (and Out)?

Migration data shows a steady stream of interest from major metros like:

• Inbound: Washington D.C., Indianapolis, Los Angeles

• Outbound: Some residents heading to Lexington, Cincinnati, and Evansville

With affordable living, great schools, and proximity to Louisville, Elizabethtown remains a popular relocation destination.

 Elizabethtown Rental Market Overview

• Average Rent: $1,512/month

• National Comparison: 24.6% lower than the U.S. average

• Rental Trend: Decreasing slightly YoY — a sign of stability

Renters are also starting to explore homeownership as rents flatten and home inventory improves.

 What to Expect Moving Forward

The Elizabethtown housing market is likely to remain competitive yet fair. Buyers will benefit from more options and slightly more negotiation room, while sellers who price strategically can still cash in on strong values. As rates settle and inventory builds, 2025 could offer the best window for upsizing, downsizing, or investing in Elizabethtown real estate.

 Final Thoughts

If you're considering making a move, partnering with a knowledgeable local team can help you stay ahead of the curve.