Tollesboro, KY41189

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$138,000
6.4% YoY Growth
Median Household Income
$50,900
49.6% 5-Year Growth
Days on Market
87
32.0% Shorter than last year
Home Price Forecast
N/A
Median 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

Property Listings — Tollesboro, KY

As of Oct '25, Realtor.com reports that the median days on market for a home in Tollesboro, KY is 87. This is a decrease of -32.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$362,000-37.0%
Listing Count
670.0%
Listings as % of Homes0.3%70.0%
Days on Market
87-32.0%
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Demographics — Tollesboro, KY

As of the latest ACS Survey released in 2023, Tollesboro, KY has a population of 2,050, which has decreased by -1.2% over the past 5 years. Tollesboro, KY is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,050-1.2%
% Under 18
17.8%-24.9%
% Seniors
18.6%22.4%
% WFH
26.9%100.7%
% w/ College Degree
9.1%28.2%
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Tollesboro, KY lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.8%-5.2%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.9%∞%
% Foreign Born
0.0%N/A
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Mortgage and Risk — Tollesboro, KY

According to HUD data as of 2023, there were 50 mortgage originations in Tollesboro, KY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Tollesboro, KY. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
50
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
8.0%
% Second Loans
6.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Tollesboro, KY

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

Section 8 Market Size

Total Units under HUD
33
Total Units Section 8
33
% Rentals under Section 8
N/A
% Occupied Section 8
66.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$820
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,360
4 BedroomN/AN/A$1,360

Affordability — Tollesboro, KY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$138,000
Median Household Income$50,900

Tollesboro, KY — ZIP Code Boundary Map

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Frequently Asked Questions