Paducah, KY—42001
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Paducah, KY
Home Price Trends — Paducah, KY
As of Oct '25, the median home price in Paducah, KY is $219,000, with a year-over-year change of 8.8%. This indicates that home prices in Paducah, KY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 8.9% |
| Single Family | $218,000 | 8.5% |
| Condos | $288,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $145,000 | 8.2% |
3 Bed | $229,000 | 4.1% |
4 Bed | $354,000 | 4.7% |
| 5 Bed | $505,000 | 6.8% |
% of Housing Stock
Rental Trends — Paducah, KY
As of July '25, Rentcast reports the average rent in Paducah, KY is $1,450, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Paducah, KY is 1-bedrooms: $1,080, 2-bedrooms: $1,200, 3-bedrooms: $2,020. The most common rental property sizes in Paducah, KY are 2-bedroom and 1-bedroom, accounting for 59.7% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,080 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,950 | $2,020 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paducah, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Paducah, KY is 72. This is a increase of 14.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $298,000 | 5.0% |
Listing Count | 142 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 72 | 14.0% |
Demographics — Paducah, KY
As of the latest ACS Survey released in 2023, Paducah, KY has a population of 30,800, which has increased by 7.1% over the past 5 years. Paducah, KY is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,800 | 7.1% |
% Under 18 | 21.9% | -5.6% |
% Seniors | 20.1% | 3.6% |
% WFH | 8.4% | 211.1% |
% w/ College Degree | 35.6% | 7.2% |
As of the latest ACS Survey released in 2023, Paducah, KY is a predominantly white area, with 78.1% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Paducah, KY is black, making up 12.9% of the population. Foreign-born residents account for 2.2% of the population in Paducah, 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 | 78.1% | -4.3% |
% Black | 12.9% | 9.3% |
% Hispanic | 2.3% | -17.9% |
% Asian | 1.4% | 16.7% |
% Foreign Born | 2.2% | 0.0% |
Mortgage and Risk — Paducah, KY
According to HUD data as of 2023, there were 505 mortgage originations in Paducah, KY, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Paducah, KY. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 505 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Paducah, KY
Paducah, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 919 |
Total Units Section 8 | 784 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $1,150 | $810 |
| 2 Bedroom | -$150 | $1,200 | $1,050 |
| 3 Bedroom | -$680 | $1,950 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Paducah, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $219,000 |
| Median Household Income | $68,900 |