Real Estate Investing in Nebo, Kentucky

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

1 ZIP codes • Population: 1,640 • Hopkins County

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

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
1 flag
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.

What’s happening in Nebo, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

7.0% 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 $161,611
Avg Monthly Rent $819
ZIP Codes 1

Investing in Nebo Real Estate

Nebo in Kentucky is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Nebo is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

The $819/mo / $162K relationship in Nebo looks soft once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

A an established population with $N/AK household income profile is what makes Nebo a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Madisonville, KY

Nebo 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
$161,611
Avg Monthly Rent
$819
1% Rule
✗ Below
Landlord Friendly (KY)

📉 Market Crash Risk Index

Based on Madisonville, KY metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
3/3
80%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Madisonville, KY metro
0
Days to pending
11.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Nebo, KY

Screen every ZIP in Nebo

Filter Nebo’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 Nebo, KY

What are home prices like in Nebo, KY?

The median home value in Nebo, KY is roughly $162K. That puts it reasonable relative to the KY statewide average.

Does a duplex house hack pencil in Nebo, KY?

For house hackers, Nebo, KY is a challenging. The $819/mo rent on a unit helps defray the mortgage on a $162K property.

What is the renter demographic in Nebo, KY?

Nebo, KY offers a consistent renter base at the $819/mo rent level. Tenant turnover is reasonable for well-managed properties.

How much is rent in Nebo, KY?

Nebo, KY rentals go for roughly $819/mo a month. That puts gross yield in solid territory relative to $162K acquisition costs.

Are landlord laws favorable in Nebo, KY?

Nebo, KY operates under KY law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.

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