Stanford, KY—40484
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stanford, KY
As of Oct '25, the median home price in Stanford, KY is $211,000, with a year-over-year change of 7.6%. This indicates that home prices in Stanford, KY are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | 7.6% |
| Single Family | $211,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 2.1% |
3 Bed | $214,000 | 4.9% |
4 Bed | $281,000 | 5.6% |
| 5 Bed | $354,000 | 2.6% |
% of Housing Stock
Rental Trends — Stanford, KY
As of July '25, Rentcast reports the average rent in Stanford, KY is $1,750, with a year-over-year rent change of 34.6%. Per bedroom, the median rent as of July '25 in Stanford, KY is 3-bedrooms: $1,780, 4-bedrooms: $1,700. The most common rental property sizes in Stanford, KY are 3-bedroom and 2-bedroom, accounting for 50.0% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,350 | $1,780 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Stanford, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Stanford, KY is 53. This is a decrease of -5.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 9.0% |
Listing Count | 51 | -12.0% |
| Listings as % of Homes | 0.5% | -12.0% |
Days on Market | 53 | -5.0% |
Demographics — Stanford, KY
As of the latest ACS Survey released in 2023, Stanford, KY has a population of 12,500, which has increased by 14.8% over the past 5 years. Stanford, 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 17.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,500 | 14.8% |
% Under 18 | 21.7% | 10.2% |
% Seniors | 19.1% | 1.6% |
% WFH | 11.8% | 195.0% |
% w/ College Degree | 17.5% | 8.0% |
As of the latest ACS Survey released in 2023, Stanford, KY is a predominantly white area, with 89.7% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Stanford, KY is black, making up 3.3% of the population. Foreign-born residents account for 2.5% of the population in Stanford, KY, and this percentage has increased by 56.2% 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 | 89.7% | -3.3% |
% Black | 3.3% | 0.0% |
% Hispanic | 2.8% | -9.7% |
% Asian | 0.6% | ∞% |
% Foreign Born | 2.5% | 56.2% |
Mortgage and Risk — Stanford, KY
According to HUD data as of 2023, there were 147 mortgage originations in Stanford, KY, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Stanford, KY. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 147 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Stanford, KY
Stanford, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 176 |
Total Units Section 8 | 126 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | -$310 | $1,350 | $1,040 |
| 4 Bedroom | -$400 | $1,700 | $1,300 |
Affordability — Stanford, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $211,000 |
| Median Household Income | $54,600 |