Ravenna, KY—40472
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ravenna, KY
As of Oct '25, the median home price in Ravenna, KY is $102,000, with a year-over-year change of 0.2%. This indicates that home prices in Ravenna, KY are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $102,000 | 0.2% |
| Single Family | $102,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $105,000 | -2.8% |
3 Bed | $142,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ravenna, KY
Ravenna, 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 — Ravenna, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ravenna, KY is 123. This is a increase of 11.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $154,000 | -6.0% |
Listing Count | 6 | 13.0% |
| Listings as % of Homes | 1.1% | 13.0% |
Days on Market | 123 | 11.0% |
Demographics — Ravenna, KY
As of the latest ACS Survey released in 2023, Ravenna, KY has a population of 1,400, which has decreased by -21.5% over the past 5 years. Ravenna, KY is a moderately popular place for families, as children make up 21.8% 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 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,400 | -21.5% |
% Under 18 | 21.8% | 28.2% |
% Seniors | 20.6% | 1.0% |
% WFH | 2.9% | 31.8% |
% w/ College Degree | 9.5% | 33.8% |
As of the latest ACS Survey released in 2023, Ravenna, KY is a predominantly white area, with 99.5% of the population identifying as white. The white population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Ravenna, KY is black, making up 0.3% of the population. Foreign-born residents account for 0.0% of the population in Ravenna, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.5% | 9.6% |
% Black | 0.3% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Ravenna, KY
According to HUD data as of 2023, there were 22 mortgage originations in Ravenna, KY, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Ravenna, KY. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ravenna, KY
Ravenna, 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 | 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 | $740 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Ravenna, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $102,000 |
| Median Household Income | $35,100 |