The story of this market
The typical home in ZIP 41517 sells for about $189,000, or $70,749 per square foot.
Prices are up +43.18% from a year ago, so sellers still have some momentum. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $650 a month.
This ZIP has no home sales of its own, so its market figures come from Letcher County, Kentucky (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 41517 — Burdine
The housing market in 41517 is characterized by very low inventory and minimal sales activity, reflecting the rural nature of the area. Prices remain stable and highly affordable compared to national averages, driven by limited demand and a stagnant local economy. The market is expected to remain quiet with little change in the near term.
This ZIP is best suited for local residents or those seeking affordable, rural living in a mountainous environment, rather than commuters or investors.
Median prices moved up 43.2% year over year.
Homes spend a median of 51 days on market with 5.0 months of supply — a fast-moving market.
20% of listings have cut prices · homes sell at 95% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 11.7% — a stable, low-distress 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 1.9%/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 1.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 41517, Letcher 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.
Schools in the region are primarily served by the Letcher County Public Schools district, which faces challenges typical of rural Appalachian districts.
The area is prone to flash flooding due to mountainous terrain and proximity to local creeks.
Economic momentum is limited, with the area historically reliant on coal mining and currently seeking diversification in a rural, mountainous setting.
Property taxes are assessed by Letcher County based on fair cash value, with rates set by local taxing districts including the county, school district, and state.
Commutes are primarily by private vehicle along winding mountain roads, with limited access to major employment hubs.
Recreation is centered on outdoor activities such as hiking and fishing in the surrounding Appalachian mountains and forests.
The rental market is small and primarily composed of single-family homes with low turnover and limited institutional investment.
The local economy is transitioning away from traditional coal extraction, with employment concentrated in local government, education, and small-scale retail.
Transportation is entirely dependent on private vehicle travel via state and county roads.
No major commercial or residential developments are currently reported for this rural ZIP code.
The Letcher County Property Valuation Administrator (PVA) is responsible for assessing property values for tax purposes.
Parcels are subject to Letcher County school district taxes and local fire district assessments.
Property insurance premiums are influenced by the area's high risk for flood and wildfire damage.
Data retrieved from Census Reporter and ACS 5-year profiles.
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.
Provides extensive hiking and outdoor recreation opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($45,000) sat outside the 0.25–4× band around Letcher County's retained level and was not stored.