Real Estate Investing in Lily, Kentucky

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 3,954 • Laurel County

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Should you buy in Lily, KY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • 1-year downturn: Values declined 5.1% in the last year.
  • Elevated poverty: 20.2% poverty rate — can affect rent collection.

What’s happening in Lily, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $158,214
Avg Monthly Rent $783
ZIP Codes 1

Investing in Lily Real Estate

Across Lily's 1 ZIPs, the picture is lackluster: $158K median values, $783/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Lily is in that category.

Rents in Lily at $783/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Population dynamics in Lily haven't been supportive. a stretch for combined with underwhelming income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in London, KY

Lily is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$158,214
Avg Monthly Rent
$783
1% Rule
✗ Below
Landlord Friendly (KY)

📉 Market Crash Risk Index

Based on London, KY metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
73%
Days Pending
2/2
82 days

View all metro crash risk rankings →

❄️ Cool Market — London, KY metro
82
Days to pending
10.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Lily, KY

Screen every ZIP in Lily

Filter Lily’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Lily, KY

Is Lily, KY a good place for real estate investing?

Yes - Lily, KY a 3.0/5 investability score. With $158K home prices against $783/mo monthly rent, the market delivers a reasonable entry point for new investors.

What type of investing works in Lily, KY?

A careful cash-flow rentals with hands-on management strategy Lily, KY best. The market produces measured results for that approach at the $158K price point.

How much does a house cost in Lily, KY?

In Lily, KY the median home value sits at $158K. Against the broader KY market, that reads as reasonable for most investors.

Do rentals sit vacant long in Lily, KY?

Expect elevated vacancy in Lily, KY. Rents at $783/mo are absorbed by the tenant base without meaningful lag.

What is the typical renter like in Lily, KY?

Tenant quality in Lily, KY ranks as solid. Landlords generally report steady occupancy at market rents of $783/mo.

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