Saint Matthews Real Estate Market Update – October 2025

Looking to move to St. Matthews? This real estate market update for October 2025 is a great resource for insights on the area and advice for buyers and sellers. 

Market Snapshot

Active Listings: 82 homes are currently on the market, averaging $697,338 and spending about 41 days on the market.

Closed Sales: 46 homes sold, averaging $651,378, and selling in just over 15 days.

Pending Sales: 25 homes are under contract, averaging $633,658 and staying on the market for about 30 days before going pending.

Cancelled Listings: 26 homes were cancelled, averaging $633,708 and lasting nearly 57 days on the market.

Key Trends

1. Closed sales averaged around $651K, with homes selling quickly — typically in just over two weeks.

2. Active listings are priced slightly higher, around $697K, which could create some upward pressure on inventory times.

3. Pending sales and cancelled listings both averaged around $634K, showing consistency but also highlighting the risks of pricing slightly above the market.

4. Homes that meet buyer expectations continue to sell quickly, while overpricing still leads to longer days on market or cancellation.

What This Means

For Buyers: The Saint Matthews market remains competitive, especially for homes in the $600K to $650K range. Well-priced homes are moving quickly, so buyers should be prepared to act fast.

For Sellers: Pricing is still the key factor. Homes that align with recent closed averages are selling within two weeks, while those priced too high are lingering or being pulled from the market.

Final Thoughts

The Saint Matthews market in October 2025 continues to show strong buyer activity and quick movement for appropriately priced homes. With the average closed home selling in just over 15 days, the message is clear — price it right, and your home will sell fast.