Milton, KY—40045
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milton, KY
Milton, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $212,000 | 4.1% |
| Single Family | $213,000 | 3.4% |
| 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 | $216,000 | 1.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milton, KY
Milton, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,490 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,490 | $1,730 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Milton, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Milton, KY is 46. This is a decrease of -72.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $235,000 | -55.0% |
Listing Count | 12 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 46 | -72.0% |
Demographics — Milton, KY
As of the latest ACS Survey released in 2023, Milton, KY has a population of 3,120, which has decreased by -6.7% over the past 5 years. Milton, KY is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,120 | -6.7% |
% Under 18 | 22.5% | 3.2% |
% Seniors | 20.4% | 9.7% |
% WFH | 5.1% | 121.7% |
% w/ College Degree | 14.4% | 10.8% |
As of the latest ACS Survey released in 2023, Milton, KY is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Milton, KY is hispanic, making up 5.4% of the population. Foreign-born residents account for 0.9% of the population in Milton, KY, and this percentage has increased by 125.0% 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 | 91.6% | -2.9% |
% Black | 0.0% | N/A |
% Hispanic | 5.4% | 800.0% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — Milton, KY
According to HUD data as of 2023, there were 86 mortgage originations in Milton, KY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Milton, KY. Investor activity is low, as 7.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 86 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 7.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Milton, KY
Milton, 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 | $720 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | -$350 | $1,490 | $1,140 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Milton, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $212,000 |
| Median Household Income | $72,200 |