Pineville, KY—40977
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pineville, KY
As of Oct '25, the median home price in Pineville, KY is $82,000, with a year-over-year change of -17.2%. This indicates that home prices in Pineville, KY are decreasing. According to Zillow, the 1-year price projection is -12.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $82,000 | -17.2% |
| Single Family | $82,000 | -20.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $71,000 | -5.3% |
3 Bed | $131,000 | -2.2% |
4 Bed | $197,000 | 9.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pineville, KY
Pineville, 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 — Pineville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Pineville, KY is 35. This is a increase of 16.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $222,000 | 0.0% |
Listing Count | 14 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 35 | 16.0% |
Demographics — Pineville, KY
As of the latest ACS Survey released in 2023, Pineville, KY has a population of 8,220, which has decreased by -21.8% over the past 5 years. Pineville, KY is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,220 | -21.8% |
% Under 18 | 23.6% | 8.8% |
% Seniors | 19.9% | 22.8% |
% WFH | 3.0% | 7.1% |
% w/ College Degree | 17.2% | 75.5% |
As of the latest ACS Survey released in 2023, Pineville, KY is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Pineville, KY is black, making up 1.7% of the population. Foreign-born residents account for 0.2% of the population in Pineville, KY, and this percentage has increased by 100.0% 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 | 95.6% | -1.3% |
% Black | 1.7% | 0.0% |
% Hispanic | 0.3% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | 100.0% |
Mortgage and Risk — Pineville, KY
According to HUD data as of 2023, there were 62 mortgage originations in Pineville, KY, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Pineville, KY. Investor activity is low, as 6.0% 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 | 62 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Pineville, KY
Pineville, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 543 |
Total Units Section 8 | 343 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Pineville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $82,000 |
| Median Household Income | $35,800 |