Grand Rivers, KY—42045
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Grand Rivers, KY
Home Price Trends — Grand Rivers, KY
As of Oct '25, the median home price in Grand Rivers, KY is $171,000, with a year-over-year change of 5.8%. This indicates that home prices in Grand Rivers, KY are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 5.8% |
| Single Family | $165,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 9.2% |
3 Bed | $202,000 | 8.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grand Rivers, KY
Grand Rivers, 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 — Grand Rivers, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Grand Rivers, KY is 49. This is a decrease of -27.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | -1.0% |
Listing Count | 22 | 83.0% |
| Listings as % of Homes | 0.7% | 83.0% |
Days on Market | 49 | -27.0% |
Demographics — Grand Rivers, KY
As of the latest ACS Survey released in 2023, Grand Rivers, KY has a population of 1,920, which has decreased by -13.4% over the past 5 years. Grand Rivers, KY is a less popular place for families, as children make up 11.6% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,920 | -13.4% |
% Under 18 | 11.6% | -28.0% |
% Seniors | 19.6% | 2.6% |
% WFH | 2.0% | -66.7% |
% w/ College Degree | 13.9% | 11.2% |
As of the latest ACS Survey released in 2023, Grand Rivers, KY is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Grand Rivers, KY is hispanic, making up 4.7% of the population. Foreign-born residents account for 0.1% of the population in Grand Rivers, KY, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.3% | -4.4% |
% Black | 0.0% | N/A |
% Hispanic | 4.7% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | ∞% |
Mortgage and Risk — Grand Rivers, KY
According to HUD data as of 2023, there were 20 mortgage originations in Grand Rivers, KY, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Grand Rivers, KY. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Grand Rivers, KY
Grand Rivers, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $680 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,040 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Grand Rivers, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $171,000 |
| Median Household Income | $47,200 |