Goshen, KY—40026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Goshen, KY
As of Oct '25, the median home price in Goshen, KY is $487,000, with a year-over-year change of 3.7%. This indicates that home prices in Goshen, 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 | $487,000 | 3.7% |
| Single Family | $490,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $364,000 | 2.0% |
4 Bed | $550,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Goshen, KY
As of July '25, Rentcast reports the average rent in Goshen, KY is $3,440, with a year-over-year rent change of 66.2%. Per bedroom, the median rent as of July '25 in Goshen, KY is 3-bedrooms: $2,380, 4-bedrooms: $3,400. The most common rental property sizes in Goshen, KY are 3-bedroom and 1-bedroom, accounting for 87.6% and 10.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,270 | $2,380 |
| 4 Bed Rent | $3,400 | $3,400 |
% of Rental Stock
Property Listings — Goshen, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Goshen, KY is 34. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $610,000 | 12.0% |
Listing Count | 27 | 42.0% |
| Listings as % of Homes | 0.3% | 42.0% |
Days on Market | 34 | -24.0% |
Demographics — Goshen, KY
As of the latest ACS Survey released in 2023, Goshen, KY has a population of 6,190, which has decreased by -2.1% over the past 5 years. Goshen, KY is a popular place for families, as children make up 28.6% of the population. The area has a highly educated workforce, with 60.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,190 | -2.1% |
% Under 18 | 28.6% | 0.4% |
% Seniors | 15.5% | 80.2% |
% WFH | 16.3% | 109.0% |
% w/ College Degree | 60.0% | -0.5% |
As of the latest ACS Survey released in 2023, Goshen, KY is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Goshen, KY is hispanic, making up 3.8% of the population. Foreign-born residents account for 5.5% of the population in Goshen, KY, and this percentage has increased by 266.7% 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 | 87.5% | -4.2% |
% Black | 3.1% | 210.0% |
% Hispanic | 3.8% | -22.4% |
% Asian | 1.9% | 11.8% |
% Foreign Born | 5.5% | 266.7% |
Mortgage and Risk — Goshen, KY
According to HUD data as of 2023, there were 95 mortgage originations in Goshen, KY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Goshen, KY. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Goshen, KY
Goshen, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,640 |
| 2 Bedroom | N/A | N/A | $2,000 |
| 3 Bedroom | $310 | $2,270 | $2,580 |
| 4 Bedroom | -$410 | $3,400 | $2,990 |
Affordability — Goshen, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $487,000 |
| Median Household Income | $132,000 |