Junction City, KY—40440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Junction City, KY
As of Oct '25, the median home price in Junction City, KY is $187,000, with a year-over-year change of 6.4%. This indicates that home prices in Junction City, KY are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | 6.4% |
| Single Family | $187,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $142,000 | 6.0% |
3 Bed | $204,000 | 7.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Junction City, KY
As of July '25, Rentcast reports the average rent in Junction City, KY is $1,250, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Junction City, KY is 3-bedrooms: $1,250. The most common rental property sizes in Junction City, KY are 2-bedroom and 3-bedroom, accounting for 60.6% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,250 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Junction City, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Junction City, KY is 66. This is a decrease of -12.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | -8.0% |
Listing Count | 13 | 0.0% |
| Listings as % of Homes | 0.5% | 0.0% |
Days on Market | 66 | -12.0% |
Demographics — Junction City, KY
As of the latest ACS Survey released in 2023, Junction City, KY has a population of 2,300, which has increased by 1.2% over the past 5 years. Junction City, KY is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,300 | 1.2% |
% Under 18 | 21.7% | -0.9% |
% Seniors | 15.3% | 24.4% |
% WFH | 4.8% | -9.4% |
% w/ College Degree | 18.7% | 183.3% |
As of the latest ACS Survey released in 2023, Junction City, KY is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Junction City, KY is hispanic, making up 5.8% of the population. Foreign-born residents account for 5.7% of the population in Junction City, KY, and this percentage has increased by 185.0% 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 | 91.4% | -1.9% |
% Black | 0.2% | -95.6% |
% Hispanic | 5.8% | 346.2% |
% Asian | 1.4% | 1,300.0% |
% Foreign Born | 5.7% | 185.0% |
Mortgage and Risk — Junction City, KY
According to HUD data as of 2023, there were 89 mortgage originations in Junction City, KY, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Junction City, KY. Investor activity is low, as 4.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Junction City, KY
Junction City, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | -$100 | $1,250 | $1,150 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Junction City, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $187,000 |
| Median Household Income | $51,000 |