Cynthiana, KY—41031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cynthiana, KY
Cynthiana, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $233,000 | 14.0% |
| Single Family | $233,000 | 13.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $178,000 | 7.9% |
3 Bed | $255,000 | 8.5% |
4 Bed | $343,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cynthiana, KY
As of July '25, Rentcast reports the average rent in Cynthiana, KY is $795, with a year-over-year rent change of -55.1%. Per bedroom, the median rent as of July '25 in Cynthiana, KY is studios: $795. The most common rental property sizes in Cynthiana, KY are 2-bedroom and 3-bedroom, accounting for 50.4% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $795 | $795 |
| Studio Rent | $795 | $795 |
| 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 — Cynthiana, KY
As of Nov '25, Realtor.com reports that the median days on market for a home in Cynthiana, KY is 83. 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $401,000 | -3.0% |
Listing Count | 78 | 101.0% |
| Listings as % of Homes | 0.6% | 101.0% |
Days on Market | 83 | 11.0% |
Demographics — Cynthiana, KY
As of the latest ACS Survey released in 2023, Cynthiana, KY has a population of 16,700, which has increased by 5.9% over the past 5 years. Cynthiana, KY is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,700 | 5.9% |
% Under 18 | 23.6% | 3.1% |
% Seniors | 18.6% | 5.1% |
% WFH | 4.9% | 40.0% |
% w/ College Degree | 21.5% | 43.3% |
As of the latest ACS Survey released in 2023, Cynthiana, KY is a predominantly white area, with 93.1% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Cynthiana, KY is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.1% of the population in Cynthiana, KY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | 0.6% |
% Black | 2.1% | -12.5% |
% Hispanic | 2.4% | -14.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.1% | 0.0% |
Mortgage and Risk — Cynthiana, KY
According to HUD data as of 2023, there were 341 mortgage originations in Cynthiana, KY, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Cynthiana, KY. Investor activity is low, as 1.0% 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 | 341 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Cynthiana, KY
Cynthiana, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 534 |
Total Units Section 8 | 270 |
% Rentals under Section 8 | 14.2% |
% Occupied Section 8 | 74.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Cynthiana, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $233,000 |
| Median Household Income | $62,100 |