Pewee Valley, KY—40056
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pewee Valley, KY
As of Oct '25, the median home price in Pewee Valley, KY is $356,000, with a year-over-year change of 4.0%. This indicates that home prices in Pewee Valley, KY are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $356,000 | 4.0% |
| Single Family | $355,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $309,000 | 1.6% |
3 Bed | $306,000 | 3.4% |
4 Bed | $521,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pewee Valley, KY
As of July '25, Rentcast reports the average rent in Pewee Valley, KY is $2,090, with a year-over-year rent change of 19.4%. Per bedroom, the median rent as of July '25 in Pewee Valley, KY is 3-bedrooms: $2,090. The most common rental property sizes in Pewee Valley, KY are 3-bedroom and 1-bedroom, accounting for 76.5% and 8.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $2,090 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pewee Valley, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Pewee Valley, KY is 50. This is a decrease of -15.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $560,000 | -62.0% |
Listing Count | 16 | 108.0% |
| Listings as % of Homes | 0.2% | 108.0% |
Days on Market | 50 | -15.0% |
Demographics — Pewee Valley, KY
As of the latest ACS Survey released in 2023, Pewee Valley, KY has a population of 3,360, which has increased by 6.3% over the past 5 years. Pewee Valley, KY is a popular place for families, as children make up 26.6% of the population. The area has a highly educated workforce, with 49.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,360 | 6.3% |
% Under 18 | 26.6% | 47.8% |
% Seniors | 14.8% | -18.2% |
% WFH | 16.8% | 229.4% |
% w/ College Degree | 49.7% | 15.9% |
As of the latest ACS Survey released in 2023, Pewee Valley, KY is a predominantly white area, with 91.6% of the population identifying as white. The white population has grown by 8.3% in the last 5 years. The second most common race or ethnicity in Pewee Valley, KY is black, making up 3.0% of the population. Foreign-born residents account for 3.6% of the population in Pewee Valley, KY, and this percentage has increased by 44.0% 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 | 91.6% | 8.3% |
% Black | 3.0% | 11.1% |
% Hispanic | 0.6% | -73.9% |
% Asian | 1.9% | 111.1% |
% Foreign Born | 3.6% | 44.0% |
Mortgage and Risk — Pewee Valley, KY
According to HUD data as of 2023, there were 113 mortgage originations in Pewee Valley, KY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Pewee Valley, KY. Investor activity is low, as 4.0% 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 | 113 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Pewee Valley, KY
Pewee Valley, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,260 |
| 2 Bedroom | N/A | N/A | $1,530 |
| 3 Bedroom | $70 | $1,900 | $1,970 |
| 4 Bedroom | N/A | N/A | $2,290 |
Affordability — Pewee Valley, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $356,000 |
| Median Household Income | $123,000 |