Cadiz, KY—42211
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cadiz, KY
As of Oct '25, the median home price in Cadiz, KY is $159,000, with a year-over-year change of -0.4%. This indicates that home prices in Cadiz, KY are flat. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -0.4% |
| Single Family | $159,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | 4.9% |
3 Bed | $249,000 | 4.6% |
4 Bed | $413,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cadiz, KY
As of July '25, Rentcast reports the average rent in Cadiz, KY is $1,340, with a year-over-year rent change of 16.5%. Per bedroom, the median rent as of July '25 in Cadiz, KY is studios: $500, 1-bedrooms: $550, 3-bedrooms: $2,500, 4-bedrooms: $1,580. The most common rental property sizes in Cadiz, KY are 3-bedroom and 2-bedroom, accounting for 40.5% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,340 |
| Studio Rent | $500 | $500 |
| 1 Bed Rent | $550 | $550 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | $1,350 | $1,580 |
% of Rental Stock
Property Listings — Cadiz, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Cadiz, KY is 73. This is a increase of 13.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | 27.0% |
Listing Count | 108 | 37.0% |
| Listings as % of Homes | 0.6% | 37.0% |
Days on Market | 73 | 13.0% |
Demographics — Cadiz, KY
As of the latest ACS Survey released in 2023, Cadiz, KY has a population of 12,900, which has decreased by -3.4% over the past 5 years. Cadiz, KY is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | -3.4% |
% Under 18 | 21.8% | -0.9% |
% Seniors | 23.7% | 7.7% |
% WFH | 9.8% | 216.1% |
% w/ College Degree | 21.4% | 33.7% |
As of the latest ACS Survey released in 2023, Cadiz, KY is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Cadiz, KY is black, making up 4.1% of the population. Foreign-born residents account for 1.8% of the population in Cadiz, KY, and this percentage has increased by 50.0% 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 | 88.2% | -1.0% |
% Black | 4.1% | -47.4% |
% Hispanic | 2.8% | 27.3% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 1.8% | 50.0% |
Mortgage and Risk — Cadiz, KY
According to HUD data as of 2023, there were 281 mortgage originations in Cadiz, KY, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Cadiz, KY. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 281 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 6.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Cadiz, KY
Cadiz, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 155 |
Total Units Section 8 | 80 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 79.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $550 | $880 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | -$920 | $2,500 | $1,580 |
| 4 Bedroom | $560 | $1,350 | $1,910 |
Affordability — Cadiz, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $159,000 |
| Median Household Income | $54,000 |