The story of this market
The typical home in ZIP 41314 sells for about $125,000, or $85 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $557 a month.
ZIP 41314 — Booneville
The housing market in 41314 is characterized by low inventory and slow turnover, typical of a small, rural county seat. Prices remain affordable compared to national averages, with growth driven by limited supply rather than high demand. The market is stable, with little speculative activity or new development.
This ZIP is best suited for local residents, retirees, or those seeking an affordable, rural lifestyle in the Appalachian region.
Median prices moved up 4.2% year over year.
Homes spend a median of 92 days on market with 7.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.2% · poverty 33.0% — elevated distress and economic pressure.
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 4.4%/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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 41314, Owsley 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.
Crime rates in Owsley County are generally low, consistent with rural Appalachian trends, though property crime remains the primary concern.
Schools in the area are part of the Owsley County School District, which faces challenges typical of rural, low-tax-base districts in Kentucky.
The area is prone to seasonal flooding along the South Fork of the Kentucky River, and insurance premiums are influenced by regional topography and wildfire risk.
Economic momentum is limited, with the local economy centered on government, education, and small-scale agriculture; there is minimal large-scale commercial development.
Property taxes are assessed by Owsley County and the state of Kentucky, with rates determined by local school district and county government levies.
Commuting is primarily by personal vehicle via Kentucky Routes 11 and 30, with limited access to major employment hubs outside the immediate region.
Recreation is focused on outdoor activities, including fishing and boating on the Kentucky River and access to nearby Daniel Boone National Forest trails.
The rental market is small and primarily composed of single-family homes, with low turnover and limited institutional investor presence.
The economy is driven by local government, public education, and small-scale retail services.
Transportation is entirely dependent on private vehicles; there is no public transit infrastructure.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
The Owsley County Property Valuation Administrator (PVA) manages assessments, which are generally conservative.
Parcels are subject to Owsley County school and general fund levies.
Property insurance availability is stable, though premiums are sensitive to flood-zone designations near the river.
Kentucky has seen modest net domestic migration gains, though rural counties like Owsley often experience net out-migration.
Kentucky is a judicial foreclosure state, requiring court action to complete the foreclosure process.
Sellers are required to provide a standard residential property disclosure form covering known material defects.
Data retrieved from data.census.gov ZCTA 41314 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.
Provides local fishing and recreational access.
The central anchor of the city of Booneville.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.