Fort Thomas, KY—41075
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Thomas, KY
As of Oct '25, the median home price in Fort Thomas, KY is $357,000, with a year-over-year change of 1.8%. This indicates that home prices in Fort Thomas, KY are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $357,000 | 1.8% |
| Single Family | $365,000 | 3.4% |
| Condos | $200,000 | -1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | 5.1% |
3 Bed | $358,000 | 3.5% |
4 Bed | $549,000 | 4.6% |
| 5 Bed | $733,000 | 4.4% |
% of Housing Stock
Rental Trends — Fort Thomas, KY
As of July '25, Rentcast reports the average rent in Fort Thomas, KY is $1,590, with a year-over-year rent change of 64.1%. Per bedroom, the median rent as of July '25 in Fort Thomas, KY is 1-bedrooms: $950, 2-bedrooms: $1,450, 3-bedrooms: $2,000, 4-bedrooms: $2,220. The most common rental property sizes in Fort Thomas, KY are 2-bedroom and 1-bedroom, accounting for 55.2% and 36.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $950 |
| 2 Bed Rent | $1,500 | $1,450 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $2,100 | $2,220 |
% of Rental Stock
Property Listings — Fort Thomas, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Thomas, KY is 33. This is a increase of 3.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $406,000 | -41.0% |
Listing Count | 61 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 33 | 3.0% |
Demographics — Fort Thomas, KY
As of the latest ACS Survey released in 2023, Fort Thomas, KY has a population of 17,400, which has increased by 5.5% over the past 5 years. Fort Thomas, KY is a popular place for families, as children make up 27.5% of the population. The area has a highly educated workforce, with 55.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,400 | 5.5% |
% Under 18 | 27.5% | 11.8% |
% Seniors | 16.0% | -0.6% |
% WFH | 14.6% | 175.5% |
% w/ College Degree | 55.1% | 10.2% |
As of the latest ACS Survey released in 2023, Fort Thomas, KY is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Fort Thomas, KY is hispanic, making up 2.6% of the population. Foreign-born residents account for 2.7% of the population in Fort Thomas, KY, and this percentage has increased by 22.7% 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 | 90.0% | -2.9% |
% Black | 2.1% | 16.7% |
% Hispanic | 2.6% | 18.2% |
% Asian | 0.8% | -55.6% |
% Foreign Born | 2.7% | 22.7% |
Mortgage and Risk — Fort Thomas, KY
According to HUD data as of 2023, there were 425 mortgage originations in Fort Thomas, KY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Fort Thomas, KY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 425 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fort Thomas, KY
As of 2024, the percent of homes in Fort Thomas, KY under the Section 8 program is 2.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Thomas, KY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 81.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $895 | $1,000 |
| 2 Bedroom | -$210 | $1,500 | $1,290 |
| 3 Bedroom | -$290 | $2,000 | $1,710 |
| 4 Bedroom | -$210 | $2,100 | $1,890 |
Affordability — Fort Thomas, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $357,000 |
| Median Household Income | $99,100 |