New Concord, KY—42076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Concord, KY
As of Nov '25, the median home price in New Concord, KY is $159,000, with a year-over-year change of -3.9%. This indicates that home prices in New Concord, KY are decreasing. According to Zillow, the 1-year price projection is -6.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -3.9% |
| Single Family | $159,000 | -7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | -1.6% |
3 Bed | $364,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Concord, KY
New Concord, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Concord, KY
As of Nov '25, Realtor.com reports that the median days on market for a home in New Concord, KY is 162. This is a increase of 32.0% 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 62.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $532,000 | 9.0% |
Listing Count | 13 | 41.0% |
| Listings as % of Homes | 0.6% | 41.0% |
Days on Market | 162 | 32.0% |
Demographics — New Concord, KY
As of the latest ACS Survey released in 2023, New Concord, KY has a population of 1,080, which has increased by 1.9% over the past 5 years. New Concord, KY is a moderately popular place for families, as children make up 17.4% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,080 | 1.9% |
% Under 18 | 17.4% | -13.0% |
% Seniors | 25.3% | -4.5% |
% WFH | 2.1% | -56.2% |
% w/ College Degree | 13.5% | -19.2% |
As of the latest ACS Survey released in 2023, New Concord, KY is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in New Concord, KY is hispanic, making up 1.8% of the population. Foreign-born residents account for 12.8% of the population in New Concord, KY, and this percentage has increased by 2033.3% 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 | 92.2% | -6.8% |
% Black | 0.0% | N/A |
% Hispanic | 1.8% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 12.8% | 2,033.3% |
Mortgage and Risk — New Concord, KY
New Concord, KY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — New Concord, KY
New Concord, 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 | $800 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | $60 | $1,200 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — New Concord, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $159,000 |
| Median Household Income | $39,200 |