Wellington, KY—40387
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellington, KY
As of Nov '25, the median home price in Wellington, KY is $145,000, with a year-over-year change of 4.1%. This indicates that home prices in Wellington, 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 | $145,000 | 4.1% |
| Single Family | $146,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wellington, KY
Wellington, 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 — Wellington, KY
As of Nov '25, Realtor.com reports that the median days on market for a home in Wellington, KY is 92. This is a increase of 16.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $175,000 | 9.0% |
Listing Count | 43 | 39.0% |
| Listings as % of Homes | 1.0% | 39.0% |
Days on Market | 92 | 16.0% |
Demographics — Wellington, KY
As of the latest ACS Survey released in 2023, Wellington, KY has a population of 1,800, which has decreased by -8.3% over the past 5 years. Wellington, 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 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,800 | -8.3% |
% Under 18 | 16.3% | -2.4% |
% Seniors | 23.7% | 2.2% |
% WFH | 6.3% | -24.1% |
% w/ College Degree | 11.6% | -9.4% |
Wellington, KY lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.0% | -3.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.9% | ∞% |
% Asian | 1.3% | ∞% |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Wellington, KY
According to HUD data as of 2023, there were 73 mortgage originations in Wellington, KY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Wellington, KY. Investor activity is low, as 1.0% 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 | 73 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 19.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Wellington, KY
Wellington, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,130 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Wellington, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $145,000 |
| Median Household Income | $44,700 |