Paducah, KY—42003
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 $162,000, with a year-over-year change of 12.1%. This indicates that home prices in Paducah, KY are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | 12.1% |
| Single Family | $162,000 | 11.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $128,000 | 12.3% |
3 Bed | $205,000 | 6.8% |
4 Bed | $307,000 | 5.9% |
| 5 Bed | $402,000 | 5.8% |
% of Housing Stock
Rental Trends — Paducah, KY
As of July '25, Rentcast reports the average rent in Paducah, KY is $1,320, with a year-over-year rent change of 17.9%. Per bedroom, the median rent as of July '25 in Paducah, KY is 1-bedrooms: $690, 2-bedrooms: $1,120, 3-bedrooms: $1,630, 4-bedrooms: $2,500. The most common rental property sizes in Paducah, KY are 2-bedroom and 3-bedroom, accounting for 39.7% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $690 |
| 2 Bed Rent | $950 | $1,120 |
| 3 Bed Rent | $1,500 | $1,630 |
| 4 Bed Rent | $2,500 | $2,500 |
% 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 53. This is a increase of 18.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | -13.0% |
Listing Count | 106 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 53 | 18.0% |
Demographics — Paducah, KY
As of the latest ACS Survey released in 2023, Paducah, KY has a population of 29,400, which has increased by 2.5% over the past 5 years. Paducah, KY is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 2.5% |
% Under 18 | 21.6% | 3.3% |
% Seniors | 20.3% | 6.3% |
% WFH | 5.8% | 222.2% |
% w/ College Degree | 21.7% | 29.9% |
As of the latest ACS Survey released in 2023, Paducah, KY is a predominantly white area, with 82.8% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Paducah, KY is black, making up 9.0% of the population. Foreign-born residents account for 1.6% of the population in Paducah, KY, and this percentage has decreased by 15.8% 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 | 82.8% | 0.7% |
% Black | 9.0% | -27.4% |
% Hispanic | 3.5% | 40.0% |
% Asian | 0.7% | 75.0% |
% Foreign Born | 1.6% | -15.8% |
Mortgage and Risk — Paducah, KY
According to HUD data as of 2023, there were 335 mortgage originations in Paducah, KY, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Paducah, 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 | 335 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
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 | 1,379 |
Total Units Section 8 | 575 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 77.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $695 | $710 |
| 2 Bedroom | -$50 | $950 | $900 |
| 3 Bedroom | -$400 | $1,500 | $1,100 |
| 4 Bedroom | -$1,010 | $2,500 | $1,490 |
Affordability — Paducah, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $162,000 |
| Median Household Income | $54,100 |