The story of this market
The typical home in ZIP 41858 sells for about $175,000, or $105 per square foot.
Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $654 a month.
ZIP 41858 — Whitesburg
The Whitesburg housing market is showing signs of stabilization with a median price of $175,000, reflecting a tight inventory environment. While year-over-year price growth appears high due to limited sales volume, the market remains driven by local demand and a lack of new construction. Buyers are primarily local residents, and the market is expected to remain steady in the near term.
This ZIP is best suited for families and individuals seeking an affordable, rural mountain lifestyle with a strong sense of community, though it may be less ideal for those requiring proximity to major urban employment centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 85 days on market with 5.6 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 33.0% — a mixed stability 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 8.4%/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 4.3%/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 41858, 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.
Crime rates in Whitesburg are generally lower than the national average, with property crime being the most frequently reported incident type in the region.
Schools in the area are part of the Letcher County School District, which serves the rural population with a focus on community-integrated education.
The area is situated in a mountainous valley with specific flood risks near the North Fork of the Kentucky River; insurance premiums often reflect these topographical hazards.
Economic momentum is driven by local government, healthcare, and regional services, with ongoing efforts to diversify the economy beyond traditional coal-industry roots.
Property taxes are assessed by Letcher County based on fair cash value; the rate includes state, county, and school district levies, with homestead exemptions available for qualifying residents.
Commuting is primarily car-dependent, with Kentucky Route 15 serving as the main artery connecting residents to employment hubs like Hazard.
The area offers access to outdoor recreation including mountain trails, fishing in the Kentucky River, and local parks, with basic shopping and dining located in the Whitesburg city center.
The rental market is characterized by limited inventory and high demand for affordable housing, with few large-scale multi-family developments.
The economy is anchored by public sector employment, healthcare services, and small-scale retail, with a historical reliance on the regional energy sector.
Transportation is heavily reliant on private vehicles; public transit options are extremely limited, necessitating personal transport for most commutes.
Development is focused on small-scale commercial improvements and residential infrastructure upgrades within the city limits.
The Letcher County Property Valuation Administrator (PVA) conducts periodic assessments to determine fair market value for tax purposes.
Parcels are subject to Letcher County school taxes and various local utility district assessments.
Property insurance costs are influenced by regional flood risk and the mountainous terrain, with premiums varying significantly based on specific property elevation.
Data retrieved from data.census.gov 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.
Provides scenic views and recreational fishing opportunities.
Extensive network of hiking and outdoor exploration paths.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.