Waddy, KY—40076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waddy, KY
As of Oct '25, the median home price in Waddy, KY is $306,000, with a year-over-year change of 9.5%. This indicates that home prices in Waddy, 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 | $306,000 | 9.5% |
| Single Family | $306,000 | 8.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $339,000 | 4.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waddy, KY
Waddy, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waddy, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Waddy, KY is 93. This is a increase of 48.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $595,000 | 51.0% |
Listing Count | 5 | 6.0% |
| Listings as % of Homes | 0.4% | 6.0% |
Days on Market | 93 | 48.0% |
Demographics — Waddy, KY
As of the latest ACS Survey released in 2023, Waddy, KY has a population of 2,880, which has increased by 9.9% over the past 5 years. Waddy, KY is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,880 | 9.9% |
% Under 18 | 26.4% | 10.0% |
% Seniors | 16.3% | -19.3% |
% WFH | 5.2% | 36.8% |
% w/ College Degree | 28.4% | 95.9% |
As of the latest ACS Survey released in 2023, Waddy, KY is a predominantly white area, with 85.4% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Waddy, KY is hispanic, making up 10.8% of the population. Foreign-born residents account for 2.1% of the population in Waddy, KY, and this percentage has decreased by 59.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.4% | -6.3% |
% Black | 0.3% | 0.0% |
% Hispanic | 10.8% | 63.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.1% | -59.6% |
Mortgage and Risk — Waddy, KY
According to HUD data as of 2023, there were 84 mortgage originations in Waddy, KY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Waddy, KY. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 84 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Waddy, KY
Waddy, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
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 | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Waddy, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $306,000 |
| Median Household Income | $84,800 |