Patriot, KY—41095
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Patriot, KY
As of Oct '25, the median home price in Patriot, KY is $205,000, with a year-over-year change of 0.2%. This indicates that home prices in Patriot, KY are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 0.2% |
| Single Family | $205,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | -0.6% |
3 Bed | $232,000 | 0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Patriot, KY
As of July '25, Rentcast reports the average rent in Patriot, KY is $1,500, with a year-over-year rent change of -45.5%. Per bedroom, the median rent as of July '25 in Patriot, KY is 2-bedrooms: $1,500. The most common rental property sizes in Patriot, KY are 3-bedroom and 2-bedroom, accounting for 37.3% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Patriot, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Patriot, KY is 54. This is a decrease of -58.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $254,000 | 0.0% |
Listing Count | 8 | 39.0% |
| Listings as % of Homes | 0.7% | 39.0% |
Days on Market | 54 | -58.0% |
Demographics — Patriot, KY
As of the latest ACS Survey released in 2023, Patriot, KY has a population of 3,780, which has increased by 3.4% over the past 5 years. Patriot, KY is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,780 | 3.4% |
% Under 18 | 20.2% | -18.9% |
% Seniors | 16.7% | 29.5% |
% WFH | 4.6% | 24.3% |
% w/ College Degree | 13.1% | 21.3% |
As of the latest ACS Survey released in 2023, Patriot, KY is a predominantly white area, with 81.9% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Patriot, KY is hispanic, making up 7.0% of the population. Foreign-born residents account for 4.2% of the population in Patriot, KY, and this percentage has decreased by 20.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.9% | -2.0% |
% Black | 5.8% | 81.2% |
% Hispanic | 7.0% | -34.6% |
% Asian | 1.0% | 400.0% |
% Foreign Born | 4.2% | -20.8% |
Mortgage and Risk — Patriot, KY
According to HUD data as of 2023, there were 42 mortgage originations in Patriot, KY, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Patriot, KY. Investor activity is low, as 2.0% 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 | 42 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Patriot, KY
Patriot, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | -$420 | $1,500 | $1,080 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Patriot, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $205,000 |
| Median Household Income | $59,300 |