Northern Kentucky Market Health Report

October 2026 Cancelled, Withdrawn & Expired Analysis • Boone, Campbell & Kenton Counties

October 2026 Market Health Analysis

Northern Kentucky's October 2026 market recorded 266 failed listings, comprising 197 cancelled, 36 expired, and 33 withdrawn properties. With a 34% cancellation rate relative to the 390 closed sales, the region experienced notable friction, particularly impacting listings at a median price of $368,900.

Data Source: MLS® data covering Boone, Campbell, and Kenton counties for October 2026, analyzing all cancelled, expired, and withdrawn residential listings.

Analysis Context: Boone County led the region with a 36% cancellation rate, while Kenton County showed relatively better performance at 31%. The $200K to $300K segment experienced the highest volume of failures with 50 cancelled listings, though the $300K to $500K range combined for 80 cancellations. The median 43 days on market before cancellation suggests sellers are pulling listings relatively quickly when initial pricing strategies fail to generate offers.

32%
Cancellation Rate
264
Total Failed Listings
43
Median DOM at Cancel
$369K
Median Cancelled Price
7%
Expiration Rate

Market Friction Analysis

The region's 34% cancellation rate indicates that roughly one in three listings failed for every successful closing in October. Nearly half (48%) of cancelled listings had undergone price reductions before being pulled from the market, signaling persistent pricing misalignment between seller expectations and buyer demand. Time on market patterns reveal that 66 cancellations occurred in the 31 to 60 day window, the peak friction period when initial marketing momentum fades. Expired listings told a more severe story, with a median 100 days on market and a median price of $432,000, suggesting higher-priced properties face extended marketing challenges.

Cancellation Rate by County
Percentage of listings cancelled vs successfully closed in each county
Cancelled by Price Range
Distribution of cancelled listings across price segments
Cancelled by Property Type
Which property types experience the most cancellations
Time to Cancellation
Days on market when listings were cancelled
Expired Listings by County
Distribution of expired listings across Northern Kentucky counties
Top Cities by Cancellations
Communities with the highest number of cancelled listings

Geographic & Market Insights

Union, Covington, and Florence each recorded significant cancellation activity with 23, 23, and 22 cancelled listings respectively, representing the region's most challenged markets. Campbell County concentrated 15 of the 36 total expirations despite having fewer overall listings than Boone or Kenton, pointing to particular pricing or condition challenges in that market. Boone County's 36% cancellation rate (76 cancelled against 136 closed) compared unfavorably to Kenton's 31% rate (73 cancelled against 160 closed), suggesting stronger buyer absorption in the latter. The geographic spread across Alexandria, Walton, Independence, and Newport (14, 13, 12, and 10 cancellations respectively) indicates friction is broadly distributed rather than concentrated in isolated submarkets.