Glasgow, KY—42141
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glasgow, KY
As of Oct '25, the median home price in Glasgow, KY is $210,000, with a year-over-year change of 3.7%. This indicates that home prices in Glasgow, 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 | $210,000 | 3.7% |
| Single Family | $209,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $142,000 | -2.7% |
2 Bed | $146,000 | 0.7% |
3 Bed | $222,000 | 1.8% |
4 Bed | $289,000 | 2.8% |
| 5 Bed | $387,000 | 3.2% |
% of Housing Stock
Rental Trends — Glasgow, KY
As of July '25, Rentcast reports the average rent in Glasgow, KY is $900, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Glasgow, KY is 1-bedrooms: $757, 2-bedrooms: $837, 3-bedrooms: $1,150, 4-bedrooms: $1,550. The most common rental property sizes in Glasgow, KY are 2-bedroom and 3-bedroom, accounting for 46.9% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $735 | $757 |
| 2 Bed Rent | $800 | $837 |
| 3 Bed Rent | $950 | $1,150 |
| 4 Bed Rent | $1,550 | $1,550 |
% of Rental Stock
Property Listings — Glasgow, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Glasgow, KY is 52. This is a increase of 11.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | -5.0% |
Listing Count | 172 | 32.0% |
| Listings as % of Homes | 0.7% | 32.0% |
Days on Market | 52 | 11.0% |
Demographics — Glasgow, KY
As of the latest ACS Survey released in 2023, Glasgow, KY has a population of 32,100, which has increased by 3.8% over the past 5 years. Glasgow, KY is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,100 | 3.8% |
% Under 18 | 23.8% | 0.8% |
% Seniors | 18.7% | 2.2% |
% WFH | 6.8% | 23.6% |
% w/ College Degree | 20.1% | 17.5% |
As of the latest ACS Survey released in 2023, Glasgow, KY is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Glasgow, KY is hispanic, making up 4.5% of the population. Foreign-born residents account for 2.9% of the population in Glasgow, KY, and this percentage has increased by 45.0% 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 | 87.1% | -3.4% |
% Black | 4.1% | 7.9% |
% Hispanic | 4.5% | 36.4% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 2.9% | 45.0% |
Mortgage and Risk — Glasgow, KY
According to HUD data as of 2023, there were 762 mortgage originations in Glasgow, KY, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Glasgow, KY. Investor activity is low, as 3.0% 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 | 762 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Glasgow, KY
Glasgow, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 721 |
Total Units Section 8 | 425 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$35 | $735 | $700 |
| 2 Bedroom | $120 | $800 | $920 |
| 3 Bedroom | $240 | $950 | $1,190 |
| 4 Bedroom | -$270 | $1,550 | $1,280 |
Affordability — Glasgow, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $210,000 |
| Median Household Income | $51,200 |