Stricklett, KY—41179
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stricklett, KY
Stricklett, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $111,000 | -3.3% |
| Single Family | $111,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $101,000 | 5.2% |
3 Bed | $137,000 | 8.7% |
4 Bed | $189,000 | 11.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stricklett, KY
Stricklett, 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 — Stricklett, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Stricklett, KY is 87. This is a decrease of -28.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $206,000 | -28.0% |
Listing Count | 16 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 87 | -28.0% |
Demographics — Stricklett, KY
As of the latest ACS Survey released in 2023, Stricklett, KY has a population of 7,040, which has decreased by -9.9% over the past 5 years. Stricklett, KY is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,040 | -9.9% |
% Under 18 | 23.0% | 6.5% |
% Seniors | 20.1% | 8.1% |
% WFH | 6.8% | 83.8% |
% w/ College Degree | 12.9% | 9.3% |
As of the latest ACS Survey released in 2023, Stricklett, KY is a predominantly white area, with 97.8% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Stricklett, KY is hispanic, making up 0.2% of the population. Foreign-born residents account for 0.4% of the population in Stricklett, KY, and this percentage has decreased by 66.7% 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 | 97.8% | 0.9% |
% Black | 0.1% | -80.0% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | -66.7% |
Mortgage and Risk — Stricklett, KY
According to HUD data as of 2023, there were 63 mortgage originations in Stricklett, KY, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Stricklett, KY. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Stricklett, KY
Stricklett, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 69 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 81.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Stricklett, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $111,000 |
| Median Household Income | $37,100 |