The story of this market
The typical home in ZIP 40921 sells for about $116,000, or $159 per square foot.
Prices are down 19.8% from a year ago, which gives buyers more room to negotiate. Homes take about 195 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $866 a month.
This ZIP has no home sales of its own, so its market figures come from Clay County, Kentucky (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 40921 — Burning Springs
Market data for ZIP 40921 is extremely limited due to the small population size and low transaction volume. Most standard real estate metrics such as median sale price, days on market, and active inventory are not published or are reported as zero. The area is a rural, low-density community with high vacancy rates and minimal economic activity.
This ZIP is best suited for those seeking a quiet, rural lifestyle in a low-density environment, as it lacks the amenities and employment density typical of suburban or urban areas.
Median prices moved down 19.8% year over year.
Homes spend a median of 195 days on market with 9.3 months of supply — a slower-moving market.
30% of listings have cut prices · homes sell at 96.4% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 40921, Knox County KY
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kentucky) — Kentucky Ad Valorem Property Tax: Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value.
Residents primarily rely on personal vehicles for commuting, with approximately 87.9% of the population driving to work.
The area is characterized by a quiet, rural atmosphere with virtually no major shopping, cafes, or nightlife within a short drive.
The rental market is characterized by high vacancy rates, with a 24.32% rental vacancy rate reported.
The local economy is limited, with no significant retail or finance/real estate sectors reported in the ZIP code.
Data sourced from Census Bureau ZCTA profiles; many specific metrics are suppressed due to low sample size.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.