The story of this market
The typical home in ZIP 40076 sells for about $305,745, or $124 per square foot.
Homes take about 101 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $975 a month.
ZIP 40076 — Waddy
The housing market in 40076 is characterized by very low inventory and a rural profile, with a median home value of $259,100 according to recent census data. Market activity is sparse, with limited sales volume and a median list price significantly higher than the census-reported median value. The area is experiencing population growth, but remains a quiet, rural community with limited infrastructure.
This ZIP is best suited for buyers seeking rural living and larger lot sizes, as it lacks the density and amenities preferred by urban commuters or those seeking walkable neighborhoods.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 101 days on market with 0.0 months of supply — a slower-moving 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) · poverty 3.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 40076, Shelby County KY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the area remain low compared to the broader Louisville metropolitan region, with property crime being the primary concern. Local law enforcement reports stable trends in recent years.
Schools serving the area are part of the Shelby County School District, with local elementary options like Heritage Elementary receiving mixed community feedback.
The area faces moderate risks related to severe thunderstorms and occasional flooding near Taylorsville Lake, though wildfire risk is considered low.
The area is identified as having the fastest growth in Shelby County, though it remains a rural community with limited large-scale infrastructure development.
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.
Residents are highly dependent on personal vehicles for commuting, as the area is rural and lacks public transit infrastructure.
The area is primarily rural with limited immediate access to major urban amenities, parks, or shopping centers within a 3-mile radius.
The rental market is limited with a median gross rent of $975; vacancy rates are low at 4.74%.
The local economy is primarily rural and agricultural, with residents often commuting to larger employment hubs in Shelbyville or the Louisville metro area.
The area relies entirely on highway access via local roads; there is no public transit infrastructure serving this rural ZIP code.
Development is focused on low-density residential growth and infrastructure improvements to support the increasing population in the Taylorsville area.
The Spencer County Property Valuation Administrator manages assessments, focusing on annual market adjustments to reflect current sales data.
Parcels are served by the Shelby County School District.
Property insurance premiums are influenced by regional weather patterns, including wind and storm risks common to the Ohio Valley.
The state continues to see modest net domestic migration gains, driven by affordability relative to coastal markets.
Kentucky is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property disclosure form detailing the condition of the property to potential buyers.
Data retrieved from US Census Bureau ACS 2024 5-year estimates via Kentucky Demographics and Zip-Codes.com.
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. Source: NCES EDGE public school locations 2023-24.
- Kentucky Renaissance Fair4.718.1 mi
- Gallrein Farms4.79.3 mi
- Ernie's Tavern (Olde Bloomfield Meeting Hall)4.618.5 mi
- La Cocina De Mama4.610 mi
- Talon Winery Shelbyville4.811.4 mi
- Kentucky State Capitol4.612.6 mi
- Little crooked creek safari4.85 mi
- Salato Wildlife Education Center4.810 mi
- Capitol View Park4.512.7 mi
- Josephine Sculpture Park4.710.2 mi
- Woodford Reserve Distillery4.814.9 mi
- Bluegrass Scenic Railroad and Museum4.518.2 mi
- Josephine Sculpture Park4.710.2 mi
- Kentucky Historical Society4.813.1 mi
- Kentucky Old State Capitol Building4.713 mi
- Salato Wildlife Education Center4.810 mi
- Taylorsville Lake State Park4.410.7 mi
- Clear Creek Park Family Activity Center4.510.8 mi
- Capitol View Park4.512.7 mi
- Josephine Sculpture Park4.710.2 mi
- Taylorsville Lake Marina4.612.6 mi
- Guist Creek Marina4.67.7 mi
- Clear Creek Park Family Activity Center4.510.8 mi
- Weissinger Hills Golf Course4.48.7 mi
- Juniper Hill Golf Course4.411.9 mi
- Wild Turkey Trace4.210.7 mi
- Clear Creek Golf Center4.310.9 mi
- Gallrein Farms4.79.3 mi
- Rural King4.39.8 mi
- JCPenney4.311 mi
- Dollar General49.8 mi
- Poplar Creek Plaza Shopping center4.210.9 mi
- Blue Grass Airport4.626.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major regional attraction for boating, fishing, and camping.
Primary recreational resource for the county.
Local community park with sports facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.