The story of this market
The typical home in ZIP 41810 sells for about $125,000, or $85 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 41810 — Cromona
The housing market in 41810 remains slow and affordable, characterized by low inventory and limited sales volume. Market conditions are driven by a stagnant local economy and rural demographics, resulting in minimal price appreciation and long days on market. Buyers are primarily local, and the market lacks the momentum seen in more urbanized parts of the state.
This area is best suited for local residents, retirees, or those seeking affordable, rural living. It is less ideal for commuters or those requiring proximity to major urban amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 112 days on market with 6.8 months of supply — a slower-moving market.
18% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 14.3% — 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 2.7%/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 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 41810, Knott 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.
Crime rates in this rural area are generally lower than national averages, with property-related incidents being the primary concern. Regional comparisons indicate a stable trend consistent with similar Appalachian communities.
Schools serving this area are part of the Knott County School District, which faces challenges typical of rural districts including limited extracurricular funding and aging infrastructure.
The area is subject to significant flood risk due to mountainous terrain and proximity to local creeks, necessitating flood insurance for many properties. Wildfire risk is moderate, and wind damage from severe storms is a recurring seasonal concern.
Economic momentum is limited, with the local economy historically tied to coal mining and public sector employment. Development is slow, focusing primarily on essential infrastructure maintenance rather than large-scale commercial expansion.
Property taxes are assessed at the county level by the Knott County Property Valuation Administrator. The tax structure includes state, county, and school district levies, with limited exemptions available for homesteads and disability.
Commuting is primarily by personal vehicle, with long drive times to regional employment hubs in Hazard or Pikeville. Public transit options are non-existent in this rural ZIP code.
Recreation is centered on outdoor activities, including access to nearby state parks and national forest lands for hiking and fishing. Local shopping and dining options are sparse, requiring travel to larger neighboring towns.
The rental market is characterized by low turnover and limited inventory, with most rentals being single-family homes. Vacancy pressure is low, and short-term rental presence is negligible.
The economy is heavily reliant on public services, education, and healthcare, with a legacy of coal industry influence. Economic diversification efforts are ongoing but remain in early stages.
Transportation is entirely dependent on highway infrastructure, with limited maintenance on secondary rural roads. No public transit or rail infrastructure serves the area.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
The Knott County Property Valuation Administrator manages assessments, which are generally updated on a cyclical basis to reflect market value changes.
Parcels are subject to Knott County school taxes and local fire district assessments.
Property insurance premiums are rising due to increased regional flood risk and the high cost of rebuilding in remote, mountainous terrain.
The state experiences net domestic out-migration, particularly among younger demographics seeking employment in larger urban centers.
Kentucky is a judicial foreclosure state, requiring court intervention to complete the foreclosure process, which typically extends the timeline for lenders.
Sellers are required to provide a standard residential property disclosure form detailing known material defects at the time of listing.
Data retrieved from data.census.gov using ZCTA 41810 profile.
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 lake access, boating, and camping facilities for the region.
A major regional facility hosting local sports events and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.