Real Estate Investing in Hodgenville, Kentucky (42748)

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

Larue County • Population: 9,189 • Data updated: September 2026

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Should you buy in 42748 (Hodgenville, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

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
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Hodgenville, KY (42748)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $229,766
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $59,750
% Renters 25.0%

Market Analysis: 42748 Hodgenville

The 42748 ZIP covers a section of Hodgenville that demands careful diligence. Prices near $230K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 42748 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Regionally, 42748 sits on the difficult end of the KY spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

A impressive renter share of 25% in 42748 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Distressed ZIPs reward experience. significant returns are possible in 42748, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Hodgenville:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Stable (+2.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Elizabethtown-Fort Knox, KY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Elizabethtown-Fort Knox, KY metro data
🏠

Property Strategy for 42748

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
2BR
+10.3% 5yr CAGR
Best Overall Value
4BR
$76,390/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $160,010 $970 4.4% +10.3% $80,005
3BR $240,866 $1,360 4.1% +10.0% $80,289
4BR $305,560 $1,630 3.8% +8.4% $76,390

Market Trends

Home Value History (with trend line)

$247K$213K$178K$144K$110K$76KMar 2006May 2016Jul 2026

📊 How Does 42748 Compare?

Metric 42748 Hodgenville Elizabethtown-Fort Knox, KY Kentucky
Home Value $229,766 $229,766 N/A $225,788
5-Year CAGR 7.5% 7.5% N/A 6.9%
Avg Rent $873 $873 N/A -
Cap Rate 3.0% 3.0% - -
💡 Why Invest in 42748? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 42748 (Hodgenville, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+7.5%
Strong

📊 Market Snapshot

Home Value $229,766
Monthly Rent $873
Price-to-Rent 21.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year +2.9% ▲
3-Year CAGR +5.7% ▲
5-Year CAGR +7.5% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
6.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 42748

Population: 9,189

💰 Median Household Income
$59,750
This area
$59,750
State
$55,541
USA
$74,580
🏠 Renter Occupied
25.0%
This area
25.0%
State
23.6%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-16.4%
USA
3.7%
🎓 College Educated
17.1%
This area
17.1%
State
-4.1%
USA
33.7%
👤 Median Age
41.0 years
This area
41.0 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
6.6%
This area
6.6%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 92.3%
Other/Mixed 4.9%
Hispanic/Latino 3.3%
Black/African American 2.5%
Asian 0.3%
👶 Under 18
24.2%
This area
24.2%
USA
22.0%
👴 65 and Over
17.1%
This area
17.1%
USA
17.3%
📊 Poverty Rate
11.1%
This area
11.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 42748

B Avg School Grade
5 Schools
16.1:1 Avg Class Size
$12,457 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Hodgenville Elementary School

📚 K – 05 Elementary
👥
534 Students
👨‍🏫
14.9:1 Class Size
💰
$12,457 Per Student
B Good

Abraham Lincoln Elementary School

📚 K – 05 Elementary
👥
470 Students
👨‍🏫
15.3:1 Class Size
💰
$12,457 Per Student
B Good

LaRue County High School

📚 09 – 12 High School
👥
770 Students
👨‍🏫
17.7:1 Class Size
💰
$12,457 Per Student
B Good

LaRue County Middle School

📚 06 – 08 Middle
👥
503 Students
👨‍🏫
15.3:1 Class Size
💰
$12,457 Per Student
B Good

Preschool on College Street

📚 Grade PK Elementary
👥
104 Students
👨‍🏫
17.1:1 Class Size
💰
$12,457 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

2 Nearby 4,001 Off-Campus Students
C+
Elizabethtown Community and Technical College
6,204 students · 12.6 mi
D
Empire Beauty School-Elizabethtown
158 students · 12.8 mi

Investor Insight: With 4,001 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the average home sale price in Hodgenville, KY?

Typical homes in Hodgenville, KY go for around $230K. The 5-year CAGR of 0.0% reliable price movement.

Are renters plentiful in Hodgenville, KY?

Hodgenville, KY draws a measured base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.

How strong are rents in Hodgenville, KY?

The typical rental in Hodgenville, KY commands about $873/mo monthly. That rent profile even-keeled cash flow against the $230K purchase basis.

Does house hacking work in Hodgenville, KY?

House hacking works a challenging in Hodgenville, KY. Rents of $873/mo against $230K acquisition make the strategy solid for owner-occupants.

What type of investing works in Hodgenville, KY?

A careful cash-flow rentals with hands-on management strategy Hodgenville, KY best. The market produces measured results for that approach at the $230K price point.

You know 42748 now. You don’t know where it ranks.

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How 42748 ranks in Elizabethtown-Fort Knox, KY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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