The story of this market
The typical home in ZIP 41826 sells for about $115,000, or $82 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 94 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 41826 — Jeremiah
The housing market in 41826 remains slow and stable, characterized by low inventory and limited sales activity. Prices have seen a slight year-over-year decline, reflecting the broader economic challenges of the Appalachian region. Demand is primarily driven by local residents, with very little speculative investment or new development activity.
This ZIP is best suited for long-term residents, retirees, or those seeking a low-cost, rural lifestyle. It is less attractive to commuters or investors due to the lack of economic growth and limited employment opportunities.
Median prices moved down 2.4% year over year.
Homes spend a median of 94 days on market with 6.0 months of supply — a slower-moving market.
12% 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 2.8% — 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 1.8%/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 2.2%/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 41826, 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 offenses being the primary concern. Regional comparisons indicate a stable trend consistent with other Appalachian communities.
Schools in the area are part of the Knott County School District, which faces challenges typical of rural, low-density districts. Performance metrics are generally below state averages, reflecting the socioeconomic constraints of the region.
The area is prone to flash flooding due to its mountainous topography and proximity to creek beds. Insurance premiums are influenced by these environmental risks and the limited availability of local infrastructure.
Economic momentum is limited, with the area historically reliant on coal-related industries that have seen significant decline. Development is focused on small-scale local services and public infrastructure projects 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 larger cities like Hazard or Pikeville. Public transit options are virtually non-existent.
Recreation is centered on outdoor activities, including access to the Appalachian mountains, local parks, and fishing spots. Shopping and dining options are limited to small local businesses in Hindman.
The rental market is characterized by low inventory and high demand for affordable housing, with many residents relying on public housing or subsidized units. Vacancy pressure is low due to the limited supply of modern rental stock.
The local economy is transitioning away from coal mining, with the public sector, education, and healthcare serving as the primary employers. Economic development efforts are focused on diversifying the local industry base.
Transportation is heavily reliant on state highways, with limited public infrastructure. Commute profiles are characterized by long distances to regional employment centers.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP.
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 utility district fees where applicable.
Property insurance costs are rising due to increased regional flood risk and the high cost of rebuilding in remote, mountainous terrain.
The state experiences modest net domestic migration, though rural counties like Knott often see net out-migration of younger residents.
Kentucky is a judicial foreclosure state, requiring court intervention to complete the foreclosure process, which typically extends the timeline for lenders.
Kentucky law requires sellers to provide a written disclosure form regarding the condition of the property, though it is limited in scope compared to other states.
Data retrieved from data.census.gov using ZCTA 41826 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.
A historic institution focused on Appalachian arts and culture.
A regional facility hosting local athletic events and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.