Philpot, KY—42366
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Philpot, KY
As of Oct '25, the median home price in Philpot, KY is $264,000, with a year-over-year change of 3.3%. This indicates that home prices in Philpot, KY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | 3.3% |
| Single Family | $264,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $171,000 | 0.6% |
3 Bed | $281,000 | 3.7% |
4 Bed | $379,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Philpot, KY
As of July '25, Rentcast reports the average rent in Philpot, KY is $975, with a year-over-year rent change of -18.8%. Per bedroom, the median rent as of July '25 in Philpot, KY is 2-bedrooms: $975. The most common rental property sizes in Philpot, KY are 3-bedroom and 2-bedroom, accounting for 49.8% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $975 | $975 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Philpot, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Philpot, KY is 47. This is a decrease of -38.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | -6.0% |
Listing Count | 12 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 47 | -38.0% |
Demographics — Philpot, KY
As of the latest ACS Survey released in 2023, Philpot, KY has a population of 5,410, which has decreased by -4.9% over the past 5 years. Philpot, KY is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,410 | -4.9% |
% Under 18 | 21.4% | -2.7% |
% Seniors | 18.2% | 38.9% |
% WFH | 6.4% | 100.0% |
% w/ College Degree | 22.5% | 5.1% |
As of the latest ACS Survey released in 2023, Philpot, KY is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Philpot, KY is black, making up 0.4% of the population. Foreign-born residents account for 0.5% of the population in Philpot, KY, and this percentage has decreased by 28.6% 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 | 97.5% | -0.2% |
% Black | 0.4% | ∞% |
% Hispanic | 0.1% | -80.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -28.6% |
Mortgage and Risk — Philpot, KY
According to HUD data as of 2023, there were 156 mortgage originations in Philpot, KY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Philpot, KY. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Philpot, KY
Philpot, 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 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | $85 | $975 | $1,060 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Philpot, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $264,000 |
| Median Household Income | $80,100 |