Fordsville, KY42343

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$143,000
6.4% YoY Growth
Median Household Income
$49,300
71.8% 5-Year Growth
Days on Market
86
10.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Fordsville, KY

As of Oct '25, Realtor.com reports that the median days on market for a home in Fordsville, KY is 86. This is a increase of 10.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$244,000-12.0%
Listing Count
5-17.0%
Listings as % of Homes0.4%-17.0%
Days on Market
8610.0%
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Demographics — Fordsville, KY

As of the latest ACS Survey released in 2023, Fordsville, KY has a population of 1,370, which has decreased by -9.0% over the past 5 years. Fordsville, KY is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,370-9.0%
% Under 18
16.3%-20.5%
% Seniors
27.0%33.0%
% WFH
3.0%11.1%
% w/ College Degree
9.5%75.9%
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As of the latest ACS Survey released in 2023, Fordsville, KY is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Fordsville, KY is black, making up 11.0% of the population. Foreign-born residents account for 0.0% of the population in Fordsville, KY, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.9%-11.3%
% Black
11.0%3,566.7%
% Hispanic
0.2%-88.2%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Fordsville, KY

According to HUD data as of 2023, there were 49 mortgage originations in Fordsville, KY, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Fordsville, KY. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
49
% Conventional Loans
69.0%
% Government Loans
31.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Fordsville, KY

Fordsville, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
1.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,300
4 BedroomN/AN/A$1,310

Affordability — Fordsville, KY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$143,000
Median Household Income$49,300

Fordsville, KY — ZIP Code Boundary Map

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Frequently Asked Questions