Alvaton, KY—42122
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alvaton, KY
As of Oct '25, the median home price in Alvaton, KY is $402,000, with a year-over-year change of 4.7%. This indicates that home prices in Alvaton, KY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $402,000 | 4.7% |
| Single Family | $402,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | 3.3% |
3 Bed | $341,000 | 4.6% |
4 Bed | $505,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alvaton, KY
As of July '25, Rentcast reports the average rent in Alvaton, KY is $1,930, with a year-over-year rent change of -13.8%. Per bedroom, the median rent as of July '25 in Alvaton, KY is 1-bedrooms: $950, 2-bedrooms: $995, 3-bedrooms: $2,020, 4-bedrooms: $2,500. The most common rental property sizes in Alvaton, KY are 3-bedroom and 4-bedroom, accounting for 57.4% and 19.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $995 | $995 |
| 3 Bed Rent | $2,000 | $2,020 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Alvaton, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Alvaton, KY is 57. This is a increase of 29.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $559,000 | 13.0% |
Listing Count | 53 | 14.0% |
| Listings as % of Homes | 2.2% | 14.0% |
Days on Market | 57 | 29.0% |
Demographics — Alvaton, KY
As of the latest ACS Survey released in 2023, Alvaton, KY has a population of 5,360, which has remained stable by 0.5% over the past 5 years. Alvaton, KY is a popular place for families, as children make up 27.5% of the population. The area has a moderately educated workforce, with 37.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,360 | 0.5% |
% Under 18 | 27.5% | 3.8% |
% Seniors | 20.4% | 22.9% |
% WFH | 4.2% | -10.6% |
% w/ College Degree | 37.1% | 12.1% |
As of the latest ACS Survey released in 2023, Alvaton, KY is a predominantly white area, with 93.4% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Alvaton, KY is hispanic, making up 1.4% of the population. Foreign-born residents account for 2.6% of the population in Alvaton, KY, and this percentage has increased by 62.5% 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 | 93.4% | -2.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.4% | 55.6% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 2.6% | 62.5% |
Mortgage and Risk — Alvaton, KY
According to HUD data as of 2023, there were 236 mortgage originations in Alvaton, KY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Alvaton, KY. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Alvaton, KY
As of 2024, the percent of homes in Alvaton, KY under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alvaton, KY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $950 | $990 |
| 2 Bedroom | $195 | $995 | $1,190 |
| 3 Bedroom | -$570 | $2,000 | $1,430 |
| 4 Bedroom | -$690 | $2,500 | $1,810 |
Affordability — Alvaton, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $402,000 |
| Median Household Income | $107,000 |