The story of this market
The typical home in ZIP 40330 sells for about $187,000, or $123 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $824 a month.
ZIP 40330 — Harrodsburg
The housing market in ZIP 40330 remains stable with modest price appreciation and consistent inventory levels. Demand is supported by local affordability compared to larger metro areas, though sales volume remains tempered by broader economic conditions.
This ZIP is well-suited for families and retirees seeking a lower cost of living, rural-adjacent lifestyle, and proximity to historic central Kentucky amenities.
Median prices moved up 2.5% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 10.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 40330, Mercer County KY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the Harrodsburg area are primarily served by the Mercer County School District, which maintains a standard academic profile for the region.
The area is subject to standard regional flood and wind risks common to central Kentucky; property insurance remains available but premiums are sensitive to national climate-risk adjustments.
Economic momentum is driven by local manufacturing, agriculture, and tourism, with steady infrastructure maintenance provided by Mercer County.
Property taxes are assessed by Mercer County based on fair cash value; the jurisdiction utilizes a standard millage rate structure with exemptions available for homesteads and seniors.
Residents typically commute by car to regional employment hubs in Lexington or Danville, with travel times generally ranging from 30 to 45 minutes.
The area features access to Old Fort Harrod State Park, nearby Herrington Lake for water recreation, and several local golf courses and community parks.
The rental market is characterized by moderate demand and limited inventory, with a mix of long-term residential rentals and some investor-owned properties.
The local economy is anchored by manufacturing, healthcare services, and agricultural operations, with significant employment ties to the broader Bluegrass region.
Transportation is primarily automobile-dependent, relying on US-127 and US-68 as the main corridors for regional connectivity.
Development is focused on small-scale residential infill and commercial improvements within the city limits of Harrodsburg.
The Mercer County Property Valuation Administrator (PVA) conducts annual assessments to determine fair cash value for tax purposes.
Parcels are subject to Mercer County school taxes and local municipal utility districts where applicable.
Property insurance premiums are influenced by regional weather patterns, including storm and wind exposure common to the Kentucky interior.
Kentucky is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property disclosure form detailing the condition of the property to potential buyers.
Data retrieved from data.census.gov ZCTA 40330 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Historic site featuring a reconstructed fort and museum.
Major regional destination for boating, fishing, and water sports.
Public golf facility serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.