Eminence, KY—40019
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eminence, KY
As of Oct '25, the median home price in Eminence, KY is $214,000, with a year-over-year change of 4.1%. This indicates that home prices in Eminence, KY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 4.1% |
| Single Family | $214,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | -0.6% |
3 Bed | $222,000 | 2.8% |
4 Bed | $288,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eminence, KY
As of July '25, Rentcast reports the average rent in Eminence, KY is $1,320, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in Eminence, KY is 3-bedrooms: $1,320. The most common rental property sizes in Eminence, KY are 3-bedroom and 2-bedroom, accounting for 37.2% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,320 | $1,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eminence, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Eminence, KY is 47. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | 5.0% |
Listing Count | 16 | 21.0% |
| Listings as % of Homes | 0.9% | 21.0% |
Days on Market | 47 | 32.0% |
Demographics — Eminence, KY
As of the latest ACS Survey released in 2023, Eminence, KY has a population of 4,110, which has remained stable by -1.0% over the past 5 years. Eminence, KY is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,110 | -1.0% |
% Under 18 | 22.4% | -20.0% |
% Seniors | 13.5% | -5.6% |
% WFH | 7.2% | 46.9% |
% w/ College Degree | 16.9% | 85.7% |
As of the latest ACS Survey released in 2023, Eminence, KY is a predominantly white area, with 83.2% of the population identifying as white. The white population has grown by 2.5% in the last 5 years. The second most common race or ethnicity in Eminence, KY is hispanic, making up 8.1% of the population. Foreign-born residents account for 4.7% of the population in Eminence, KY, and this percentage has increased by 27.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.2% | 2.5% |
% Black | 4.3% | -39.4% |
% Hispanic | 8.1% | 22.7% |
% Asian | 0.2% | -91.7% |
% Foreign Born | 4.7% | 27.0% |
Mortgage and Risk — Eminence, KY
According to HUD data as of 2023, there were 90 mortgage originations in Eminence, KY, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Eminence, KY. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 90 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Eminence, KY
Eminence, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 163 |
Total Units Section 8 | 78 |
% Rentals under Section 8 | 14.4% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | $220 | $1,320 | $1,540 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Eminence, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $214,000 |
| Median Household Income | $60,800 |