The story of this market
The typical home in ZIP 40806 sells for about $135,000, or $98 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $689 a month.
ZIP 40806 — Baxter
The housing market in 40806 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand rather than external investment, resulting in a slow but steady pace of sales.
This ZIP is best suited for long-term residents, retirees, or those seeking affordable, rural living in the Appalachian region. It is less ideal for commuters or investors looking for high-growth, high-density rental opportunities.
Median prices moved up 4.2% year over year.
Homes spend a median of 62 days on market with 4.6 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.6% · poverty 14.3% — a mixed stability 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 4.0%/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 3.1%/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 40806, Harlan 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 the area are generally lower than the national average, with property crime being the most frequently reported incident type. The region remains stable compared to neighboring rural communities in Harlan County.
Schools serving this area are part of the Harlan County School District, which faces challenges typical of rural Appalachian districts regarding funding and student performance metrics. Local schools are generally characterized as having limited extracurricular resources but stable community engagement.
The area is subject to moderate flood risks in low-lying valley regions and faces seasonal wildfire risks common to the mountainous terrain of Eastern Kentucky. Property insurance availability is stable but premiums are sensitive to regional topography and historical flood events.
Economic momentum is currently limited, with the local economy historically tied to coal mining and public sector employment. Infrastructure development is focused on regional connectivity, though significant new commercial or industrial growth remains stagnant.
Property taxes are assessed by the Harlan County Property Valuation Administrator based on fair cash value. The jurisdiction includes standard state and county levies, with no significant special district taxes like MUDs or PIDs reported for this specific ZIP.
Commuting is primarily car-dependent, with residents traveling along state routes to reach employment hubs in Harlan or nearby regional centers. Public transit options are not available in this rural geography.
Recreation is centered on outdoor activities, including access to nearby mountain trails, fishing spots, and local community parks. Shopping and dining options are limited, requiring travel to larger towns within the county.
The rental market is characterized by low turnover and a high share of single-family detached homes. Vacancy pressure is moderate, and there is minimal presence of short-term rental platforms compared to urban markets.
The economy is primarily driven by local government, education, and healthcare services, with a legacy reliance on the mining industry. Economic diversification efforts are ongoing but have not yet resulted in major corporate relocations.
Transportation infrastructure is limited to state and county road networks, with no major highway or public transit corridors serving the area. Commute profiles are exclusively private vehicle-based.
There are no major commercial or residential developments currently approved or under construction within this ZIP code.
The Harlan County Property Valuation Administrator manages assessments, focusing on annual reviews of property values to ensure alignment with market trends in the rural county.
Parcels are subject to standard county and school district levies, with no specialized utility or hospital districts reported.
Property insurance remains available, though premiums are influenced by the area's susceptibility to flood and wildfire risks common in Eastern Kentucky.
Data retrieved from data.census.gov 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.
- Village Center Mall3.84.8 mi
- Woodland Plaza4.14.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and community gathering areas.
Serves as a primary natural feature for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.