Cynthiana, KY 41031 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cynthiana, KY—41031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$233,000

14.0% YoY Growth

Household Income

$62,100

22.7% YoY Growth

Days on Market

106

50.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$795

55.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Cynthiana, KY

Cynthiana, KY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$233,000	14.0%
Single Family	$233,000	13.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Cynthiana, KY

As of July '25, Rentcast reports the average rent in Cynthiana, KY is $795, with a year-over-year rent change of -55.1%. Per bedroom, the median rent as of July '25 in Cynthiana, KY is studios: $795. The most common rental property sizes in Cynthiana, KY are 2-bedroom and 3-bedroom, accounting for 50.4% and 30.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$795	$795
Studio Rent	$795	$795
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

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% of Rental Stock

Studio

1.9%

1 Bedroom

10.1%

2 Bedrooms

50.4%

3 Bedrooms

30.0%

4 Bedrooms

7.6%

Property Listings — Cynthiana, KY

As of Dec '25, Realtor.com reports that the median days on market for a home in Cynthiana, KY is 83. This is a increase of 11.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$401,000	-6.0%
Listing Count	68	106.0%
Listings as % of Homes	0.6%	106.0%
Days on Market	106	50.0%

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Demographics — Cynthiana, KY

As of the latest ACS Survey released in 2023, Cynthiana, KY has a population of 16,700, which has increased by 5.9% over the past 5 years. Cynthiana, 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 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,700	5.9%
% Under 18	23.6%	3.1%
% Seniors	18.6%	5.1%
% WFH	4.9%	40.0%
% w/ College Degree	21.5%	43.3%

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As of the latest ACS Survey released in 2023, Cynthiana, KY is a predominantly white area, with 93.1% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Cynthiana, KY is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.1% of the population in Cynthiana, KY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.1%	0.6%
% Black	2.1%	-12.5%
% Hispanic	2.4%	-14.3%
% Asian	0.0%	N/A
% Foreign Born	1.1%	0.0%

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Mortgage and Risk — Cynthiana, KY

According to HUD data as of 2023, there were 341 mortgage originations in Cynthiana, KY, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Cynthiana, KY. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	341
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Cynthiana, KY

Cynthiana, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	534
Total Units Section 8	270
% Rentals under Section 8	14.2%
% Occupied Section 8	74.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$890
2 Bedroom	N/A	N/A	$1,060
3 Bedroom	N/A	N/A	$1,440
4 Bedroom	N/A	N/A	$1,630

Cynthiana, KY—41031

Key Metrics at a Glance

Home Price Trends — Cynthiana, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cynthiana, KY

% of Rental Stock

Property Listings — Cynthiana, KY

Demographics — Cynthiana, KY

Race and Ethnicity

Mortgage and Risk — Cynthiana, KY

Mortgages

Rentals and Section 8 — Cynthiana, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Cynthiana, KY

Home Price to Income Ratio

Cynthiana, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Berry, KY

Millersburg

Paris, KY

Mount Olivet, KY

Falmouth, KY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$233,000
Median Household Income	$62,100

Cynthiana, KY—41031

Key Metrics at a Glance

Home Price Trends — Cynthiana, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cynthiana, KY

% of Rental Stock

Property Listings — Cynthiana, KY

Demographics — Cynthiana, KY

Race and Ethnicity

Mortgage and Risk — Cynthiana, KY

Mortgages

Rentals and Section 8 — Cynthiana, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Cynthiana, KY

Home Price to Income Ratio

Cynthiana, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Berry, KY

Millersburg

Paris, KY

Mount Olivet, KY

Falmouth, KY

Frequently Asked Questions

What is the average home price in Cynthiana, KY 41031?

How have home prices in Cynthiana, KY 41031 changed over the past year?

What is the home price projection for Cynthiana, KY 41031?

What are the demographics of Cynthiana, KY 41031?

How long does it take homes to sell in Cynthiana, KY 41031?

What is the average rent price in Cynthiana, KY 41031?