The story of this market
The typical home in ZIP 40361 sells for about $253,000, or $145 per square foot.
Prices are up +15.6% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 40361 — Paris
The housing market in 40361 shows significant price appreciation with a 15.6% year-over-year increase in median sale price. While inventory has seen a slight decrease, the market remains active with a median sale price of $253,000.
The area is suitable for those seeking a more affordable housing market compared to the nearby Lexington-Fayette metro area, with a median household income near the state average.
Median prices moved up 15.6% year over year.
Homes spend a median of 40 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 13.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 40361
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work for residents is approximately 24.9 minutes.
The local economy is influenced by the broader Lexington-Fayette metro area, with per capita income levels approximately 80 percent of the metro average.
Data retrieved from Census Reporter profile for ZCTA 40361.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).