The story of this market
The typical home in ZIP 41722 sells for about $123,100, or $110 per square foot.
Prices are up +40.94% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $650 a month.
ZIP 41722 — Bulan
The housing market in 41722 is characterized by very low transaction volume and limited inventory, reflecting a stagnant rural economy. While median prices have shown a significant year-over-year increase, this is largely driven by the small sample size of sales rather than broad market appreciation. High vacancy rates and economic challenges continue to suppress overall market activity.
This ZIP code is best suited for local residents and budget-conscious buyers seeking affordable housing in a rural setting, as the limited inventory and remote location may not appeal to commuters or investors.
Median prices moved up 40.9% year over year.
Homes spend a median of 84 days on market with 68.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 25.4% · poverty 51.4% — elevated distress and economic pressure.
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 4.2%/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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 41722, Perry 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 generally characterized by low performance metrics, with local districts often receiving low ratings on standardized scales.
The area is subject to regional flood risks common to Appalachian Kentucky, with insurance availability and premiums increasingly influenced by topography and climate-related hazard exposure.
Economic momentum is limited, with the area primarily reliant on legacy industries and experiencing minimal new large-scale commercial or infrastructure development.
Property taxes are assessed at the county level in Perry County, with rates determined by local taxing districts including school and county government levies.
Commuting is primarily car-dependent, with residents relying on local highway corridors to reach employment centers in Hazard and surrounding Perry County.
Recreational opportunities are largely centered on the natural landscape of the Appalachian region, with limited local parks and shopping facilities within the immediate Bulan area.
The rental market is characterized by low inventory and limited turnover, with demand driven by local workforce needs and a lack of new multi-family construction.
The local economy is heavily influenced by the regional healthcare and public sector employment base centered in nearby Hazard.
Transportation is almost exclusively via private vehicle, with limited public transit infrastructure available in this rural county.
There are no major large-scale commercial or residential developments currently reported for the Bulan area.
The Perry County Property Valuation Administrator (PVA) is responsible for the assessment of all real property within the county.
Parcels are subject to Perry County school district taxes and local municipal utility assessments where applicable.
Property insurance premiums are rising due to regional hazard exposure, particularly regarding flood and storm damage risks.
Data retrieved from U.S. Census Bureau ZCTA-level tables.
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.
- Mine Made Adventure Park4.66.4 mi
- Hillside Theater410.8 mi
- Mine Made Adventure Park4.66.4 mi
- Perry County Park4.510.3 mi
- Daniel Boone Plaza4.19.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local outdoor space and community recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.