40142Ekron, KY Housing Market

Balanced market-48.3% YoY

$165,500median sale price

The 40142 zip code, located in Ekron, KY, is currently classified as a balanced market. The median sale price stands at $165,500, representing a -48.3% change year over year. Homes in this area spend an average of 49 days on the market before going under contract. There are currently 11 active listings in the area, which influences how much negotiating power buyers and sellers have.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 40142 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

4

Last 12 weeks

Days on market

49

Average pace

Active listings

11

Sale-to-list

97.7%

Below asking

Market trends

Market analysis for 40142

The 40142 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 97.7% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 40142 have declined -48.3% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

The Zillow Home Value Index (ZHVI) for 40142 stands at $268,588, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Community profile

Population

2,375

Median income

$74,894/yr

Median age

37 years

Owner-occupied

73.0%

College grads

6.4%

Avg commute

43.1 min

Living in 40142

Zip code 40142 is home to approximately 2,375 residents. The median household income is $74,894 per year, which shapes the types of homes and amenities available in the area. With a median age of 37 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 73.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 6.4% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 43.1 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 40142.

Frequently asked questions about 40142

What is the median home price in 40142?

The current median sale price in 40142 is $165,500, based on recent Redfin transaction data. Prices have changed -48.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 40142 a buyer's or seller's market?

The 40142 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 40142?

Zip code 40142 has a population of approximately 2,375 residents. The median household income is $74,894 per year. About 73.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 40142?

Properties Incorporated provides comprehensive data for 40142 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 40142 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

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