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La Grange, KY—40031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$380,000
4.9% YoY Growth
Household Income
$96,700
31.0% YoY Growth
Days on Market
53
8.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$1,550
12.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
28.5% YoY Growth
3-Bed Rent
$1,650
6.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — La Grange, KY

As of Dec '25, the median home price in La Grange, KY is $380,000, with a year-over-year change of 4.9%. This indicates that home prices in La Grange, KY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$380,0004.9%
Single Family $386,0004.6%
Condos $283,0006.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$257,0007.1%
    3 Bed
    		$346,0004.8%
    4 Bed
    		$442,0003.3%
    5 Bed $575,8893.4%
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    2.1%
    2 Bedrooms
    16.7%
    3 Bedrooms
    48.2%
    4 Bedrooms
    25.7%
    5+ Bedrooms
    6.7%

    Rental Trends — La Grange, KY

    As of July '25, Rentcast reports the average rent in La Grange, KY is $1,850, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in La Grange, KY is 2-bedrooms: $1,230, 3-bedrooms: $1,920, 4-bedrooms: $2,470. The most common rental property sizes in La Grange, KY are 2-bedroom and 3-bedroom, accounting for 48.2% and 28.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,550$1,850
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,200$1,230
    3 Bed Rent $1,650$1,920
    4 Bed Rent $2,800$2,470
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    % of Rental Stock

    Studio
    0.8%
    1 Bedroom
    9.6%
    2 Bedrooms
    48.2%
    3 Bedrooms
    28.9%
    4 Bedrooms
    11.9%
    5+ Bedrooms
    0.6%

    Property Listings — La Grange, KY

    As of Dec '25, Realtor.com reports that the median days on market for a home in La Grange, KY is 44. This is a decrease of -16.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$416,000-1.0%
    Listing Count
    		10735.0%
    Listings as % of Homes0.7%35.0%
    Days on Market
    		53-8.0%
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    Demographics — La Grange, KY

    As of the latest ACS Survey released in 2023, La Grange, KY has a population of 25,700, which has increased by 2.5% over the past 5 years. La Grange, KY is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		25,7002.5%
    % Under 18
    		20.7%-5.0%
    % Seniors
    		14.7%6.5%
    % WFH
    		11.8%181.0%
    % w/ College Degree
    		34.1%34.3%
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    As of the latest ACS Survey released in 2023, La Grange, KY is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in La Grange, KY is black, making up 6.3% of the population. Foreign-born residents account for 3.9% of the population in La Grange, KY, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		83.9%-2.4%
    % Black
    		6.3%-7.4%
    % Hispanic
    		5.1%41.7%
    % Asian
    		0.8%-11.1%
    % Foreign Born
    		3.9%50.0%
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    Mortgage and Risk — La Grange, KY

    According to HUD data as of 2023, there were 684 mortgage originations in La Grange, KY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in La Grange, KY. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		684
    % Conventional Loans
    		80.0%
    % Government Loans
    		20.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — La Grange, KY

    La Grange, KY lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		131
    Total Units Section 8
    		118
    % Rentals under Section 8
    		8.2%
    % Occupied Section 8
    		78.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,130
    2 Bedroom$170$1,200$1,370
    3 Bedroom$120$1,650$1,770
    4 Bedroom-$750$2,800$2,050

    Affordability — La Grange, KY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$380,000
    Median Household Income$96,700

    La Grange, KY — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    40010

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    Frequently Asked Questions