Summer Shade, KY—42166
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Summer Shade, KY
As of Oct '25, the median home price in Summer Shade, KY is $182,000, with a year-over-year change of 5.7%. This indicates that home prices in Summer Shade, KY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $182,000 | 5.7% |
| Single Family | $182,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $151,000 | 4.1% |
3 Bed | $189,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Summer Shade, KY
Summer Shade, 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 — Summer Shade, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Summer Shade, KY is 75. This is a increase of 37.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | 39.0% |
Listing Count | 16 | 165.0% |
| Listings as % of Homes | 0.4% | 165.0% |
Days on Market | 75 | 37.0% |
Demographics — Summer Shade, KY
As of the latest ACS Survey released in 2023, Summer Shade, KY has a population of 2,190, which has decreased by -25.0% over the past 5 years. Summer Shade, KY is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,190 | -25.0% |
% Under 18 | 23.7% | -12.2% |
% Seniors | 17.9% | 28.8% |
% WFH | 16.3% | 288.1% |
% w/ College Degree | 11.9% | 15.5% |
Summer Shade, KY lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.0% | -2.6% |
% Black | 2.6% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Summer Shade, KY
According to HUD data as of 2023, there were 44 mortgage originations in Summer Shade, KY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Summer Shade, KY. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Summer Shade, KY
Summer Shade, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% 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 | $1,110 |
| 4 Bedroom | N/A | N/A | $1,170 |
Affordability — Summer Shade, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $182,000 |
| Median Household Income | $49,900 |