The story of this market
The typical home in ZIP 41016 sells for about $275,000, or $208 per square foot.
Prices are up +22.1% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,138 a month.
ZIP 41016 — Covington
The Ludlow housing market is experiencing significant price appreciation, with a 22.1% year-over-year increase in median sale price. Low inventory and strong demand from buyers seeking proximity to Cincinnati are driving these conditions. The market remains competitive, with homes selling relatively quickly despite the recent price growth.
Ludlow is ideal for commuters and young families seeking an affordable, historic alternative to the Cincinnati urban core. It appeals to those who value a small-town riverfront lifestyle while maintaining easy access to major employment centers.
Median prices moved up 22.1% year over year.
Homes spend a median of 56 days on market with 1.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 19.6% — 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 9.2%/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 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 41016, Kenton 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.
Ludlow generally experiences lower crime rates compared to the broader Cincinnati urban core, though property crime remains the primary concern for residents. Local law enforcement maintains a community-focused approach to safety.
Public schools serving Ludlow are part of the Ludlow Independent School District, which is noted for its small-town atmosphere and personalized student attention. Performance metrics are generally consistent with regional averages for similar-sized districts.
The city is situated along the Ohio River, making flood zones a primary consideration for property owners in low-lying areas. Standard insurance coverage is available, though flood insurance is highly recommended for specific parcels.
Economic momentum is driven by the revitalization of the riverfront and proximity to downtown Cincinnati. Recent developments focus on residential infill and the preservation of historic housing stock.
Property taxes are assessed by Kenton County, with rates determined by the state of Kentucky and local municipal levies. The jurisdiction utilizes a standard ad valorem assessment formula with specific exemptions available for homesteads and seniors.
Residents benefit from a direct commute to downtown Cincinnati via the I-75 corridor and local riverfront roads. Public transit options are available, though most residents rely on personal vehicles for the short trip across the river.
The area features access to the Ohio River for boating and fishing, along with local parks like Ludlow Memorial Park. Shopping and dining are concentrated along the historic Elm Street corridor, with larger retail hubs located within a short drive.
The rental market is characterized by high demand due to the city's affordability and proximity to Cincinnati. Vacancy rates are low, and there is a growing presence of long-term rental investors renovating historic properties.
The local economy is closely tied to the Cincinnati metropolitan area, with major employment sectors including healthcare, education, and professional services. The city itself serves primarily as a residential suburb.
The area is served by major highway corridors including I-75 and I-275, providing efficient access to the broader Cincinnati region. Public transit is provided by TANK (Transit Authority of Northern Kentucky).
Development is focused on small-scale residential projects and the revitalization of existing commercial structures. There are no major stadium or large-scale corporate campus builds currently approved within the ZIP.
The Kenton County Property Valuation Administrator (PVA) oversees the assessment of all real property, conducting periodic reassessments to ensure market value alignment.
Parcels are subject to standard municipal and county tax districts, including the Ludlow Independent School District and local fire/utility districts.
Property insurance premiums are influenced by the area's proximity to the Ohio River and associated flood risks. Market health is stable, though hazard-specific coverage is a standard requirement for many lenders.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Great American Ball Park4.72.2 mi
- TQL Stadium4.72.1 mi
- Paycor Stadium4.41.7 mi
- Riverbend Music Center4.57.2 mi
- Heritage Bank Center4.22.3 mi
- Cincinnati Zoo & Botanical Garden4.64.4 mi
- Newport Aquarium4.62.6 mi
- Creation Museum4.612.8 mi
- Findlay Market4.72.4 mi
- Cincinnati Museum Center4.71.7 mi
- Creation Museum4.612.8 mi
- Cincinnati Museum Center4.71.7 mi
- Cincinnati Art Museum4.83.2 mi
- American Sign Museum4.83.9 mi
- Cincinnati Music Hall4.92.1 mi
- Cincinnati Zoo & Botanical Garden4.64.4 mi
- Ault Park4.88 mi
- Krohn Conservatory4.73.6 mi
- Smale Riverfront Park4.82 mi
- Washington Park4.72.2 mi
- Four Seasons Marina4.56.6 mi
- Riverside Marina Bar and Grill4.45.6 mi
- The Marina at Manhattan Harbour4.25 mi
- Morningstar Marinas4.66.4 mi
- Sunset Bay Marina and Campground4.319.5 mi
- Reeves Golf Course4.17.6 mi
- Aston Oaks Golf Club4.510.7 mi
- Pebble Creek Golf Course, Restaurant & Event Center4.311.9 mi
- The Golf Courses Of Kenton County3.98.5 mi
- Little Miami Golf Center & Pro Shop4.110.5 mi
- Kenwood Towne Centre4.412 mi
- Findlay Market4.72.4 mi
- Florence Mall48.4 mi
- Newport on the Levee4.52.7 mi
- Meijer4.28.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Community park with recreational facilities.
Historic corridor with local businesses and restaurants.
Access to river views and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.