The story of this market
The typical home in Wayne County, Kentucky sells for about $132,400, or $85 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. Over the long run, values in this county have grown 72% since 2003. The biggest natural hazard here is cold wave, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $909 a month.
HUD sets the fair market rent for a 2-bedroom at $909 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2003–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2008 (+16.2%). Worst: 2014 (-10.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.3%
KY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,259
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2003–2025
0%
2025 change
FHFA repeat-sales index, median of 2 census tracts in this county (2003 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
49
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $11,731,055.
Mortgage activity
Home lending in this county
69.2%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 482 | 249 | 69.2% | 22.2% | $115,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Wayne County, Kentucky
Wayne County's housing market is showing signs of stability driven by targeted economic development and tourism. While inventory remains tight, new residential projects in Monticello are expected to support modest growth. The area remains an affordable option for those seeking proximity to Lake Cumberland.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 1 city · 1 ZIP report
Median prices moved sideways 0.0% year over year.
Homes spend a median of 69 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 22.2% — a mixed stability profile.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Wayne County, Kentucky — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 17
| 42633 | Monticello | $130,000 | $105 | 0% | 69 | — | — | — | 218 | $726 | researched Sep 17 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is served by the Wayne County School District, which provides public education for the area.
The county is situated near Lake Cumberland, with flood risks managed by the U.S. Army Corps of Engineers.
Economic development is supported by the Economic Development Corp. of Wayne County, which utilizes programs like 'Make My Move' to attract new residents and boost economic output.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kentucky) — Kentucky Ad Valorem Property Tax: Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value.
The county is home to Lake Cumberland, a major destination for boating and outdoor recreation.
Rental market inventory is limited, with new developments like the 6Main apartments in downtown Monticello aimed at addressing housing needs.
The economy is anchored by tourism related to Lake Cumberland and supported by local economic development initiatives.
The county relies on regional highway corridors for access to surrounding areas.
Property assessments are managed by the county to determine tax liabilities based on local valuation standards.
The county is served by local school and utility districts typical of rural Kentucky jurisdictions.
Property insurance premiums are influenced by regional hazard profiles, including flood risks associated with Lake Cumberland.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A massive reservoir known for luxury houseboating and extensive fishing and water sports opportunities.
Data derived from US Census Bureau QuickFacts and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value. A homestead exemption is available for owners aged 65 or older or those who are totally disabled, which exempts a portion of the assessed value from taxation (the specific exemption amount is adjusted biennially based on the cost of living index).
Kentucky Constitution Section 170, 172; KRS 132.190
Kentucky is a judicial foreclosure state, requiring a court action to enforce a mortgage or lien. The process involves a court-ordered sale, typically conducted by the master commissioner.
KRS Chapter 426
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.