Winchester, KY 40391 - Real Estate Investment Insights & Performance Data

Welcome to our 40391 real estate data hub, tailored for investors in Winchester, KY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 40391 in Winchester, KY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CLARK COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Winchester, KY real estate investing. Uncover the wealth of information available, and position yourself for success in the Winchester property market.

• Location Overview

  • Zip Code: 40391
  • City: Winchester
  • State: KY
  • Metro Area: Lexington-Fayette, KY
  • County Name: CLARK COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $213,933
  • Average Home Price (Single Family Homes): $213,917
  • Average Monthly Rental Price (All Types): Not Available
  • Price-to-Rent Ratio: Not Available
  • Zillow Projected % appreciation from 4/2023-4/2024: 1.6%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $880
  • Average 3 Bedroom Section 8 Rental Rates: $1,200
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.26
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.86
  • Number of Units Offered in Section 8 in the County: 717
  • Number of Occupied Units in Section 8 in the County: 667
  • Percentage of Section 8 Units Occupied in the County: 93.09999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 196.98
  • Total % Appreciation since 2000 (Government Data): 94.61
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.74%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.95%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.25%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.66%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 85.65%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 81.42%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 118.09%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%