New Haven, KY—40051
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Haven, KY
As of Oct '25, the median home price in New Haven, KY is $198,000, with a year-over-year change of 9.0%. This indicates that home prices in New Haven, KY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 9.0% |
| Single Family | $198,000 | 8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 10.7% |
3 Bed | $252,000 | 4.6% |
4 Bed | $291,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Haven, KY
New Haven, 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 — New Haven, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in New Haven, KY is 59. 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 12.0% |
Listing Count | 17 | -11.0% |
| Listings as % of Homes | 0.4% | -11.0% |
Days on Market | 59 | -16.0% |
Demographics — New Haven, KY
As of the latest ACS Survey released in 2023, New Haven, KY has a population of 4,520, which has increased by 6.1% over the past 5 years. New Haven, KY is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,520 | 6.1% |
% Under 18 | 23.5% | 5.9% |
% Seniors | 11.5% | -18.4% |
% WFH | 9.4% | 203.2% |
% w/ College Degree | 11.6% | 9.4% |
As of the latest ACS Survey released in 2023, New Haven, KY is a predominantly white area, with 98.0% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in New Haven, KY is black, making up 0.5% of the population. Foreign-born residents account for 0.2% of the population in New Haven, KY, and this percentage has increased by 100.0% 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 | 98.0% | -0.1% |
% Black | 0.5% | 25.0% |
% Hispanic | 0.4% | -66.7% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 0.2% | 100.0% |
Mortgage and Risk — New Haven, KY
According to HUD data as of 2023, there were 72 mortgage originations in New Haven, KY, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in New Haven, KY. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — New Haven, KY
New Haven, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 18.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — New Haven, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $198,000 |
| Median Household Income | $72,700 |