Horse Cave, KY42749

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$167,000
9.2% YoY Growth
Median Household Income
$46,200
25.8% 5-Year Growth
Days on Market
43
16.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$975
5.4% YoY Growth
1-Bed Rent
$900
14.8% YoY Growth
2-Bed Rent
$975
7.6% YoY Growth
3-Bed Rent
$975
34.1% YoY Growth

Property Listings — Horse Cave, KY

As of Oct '25, Realtor.com reports that the median days on market for a home in Horse Cave, KY is 43. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$217,000-17.0%
Listing Count
2520.0%
Listings as % of Homes0.8%20.0%
Days on Market
43-16.0%
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Demographics — Horse Cave, KY

As of the latest ACS Survey released in 2023, Horse Cave, KY has a population of 4,840, which has decreased by -9.6% over the past 5 years. Horse Cave, KY is a less popular place for families, as children make up 14.9% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,840-9.6%
% Under 18
14.9%-44.0%
% Seniors
18.7%14.0%
% WFH
5.4%390.9%
% w/ College Degree
13.1%12.9%
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As of the latest ACS Survey released in 2023, Horse Cave, KY is a predominantly white area, with 79.1% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Horse Cave, KY is black, making up 14.5% of the population. Foreign-born residents account for 1.2% of the population in Horse Cave, KY, and this percentage has decreased by 29.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
79.1%-6.9%
% Black
14.5%81.2%
% Hispanic
2.0%-20.0%
% Asian
0.4%-63.6%
% Foreign Born
1.2%-29.4%
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Mortgage and Risk — Horse Cave, KY

According to HUD data as of 2023, there were 98 mortgage originations in Horse Cave, KY, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Horse Cave, KY. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
98
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Horse Cave, KY

Horse Cave, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
134
Total Units Section 8
58
% Rentals under Section 8
N/A
% Occupied Section 8
91.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$200$900$700
2 Bedroom-$75$975$900
3 Bedroom$145$975$1,120
4 BedroomN/AN/A$1,200

Affordability — Horse Cave, KY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$167,000
Median Household Income$46,200

Horse Cave, KY — ZIP Code Boundary Map

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Frequently Asked Questions