The story of this market
The typical home in ZIP 42055 sells for about $221,431, or $115 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $684 a month.
ZIP 42055 — Kuttawa
The Kuttawa housing market remains a localized, slow-moving environment with limited inventory and modest price fluctuations. Demand is primarily driven by lifestyle buyers attracted to the lakefront, while the lack of significant new development keeps the market stable but stagnant. Current conditions reflect a structural price ceiling that has not seen the rapid appreciation found in larger regional metros.
This ZIP is best suited for retirees, outdoor enthusiasts, and those seeking a quiet, lake-adjacent lifestyle, rather than investors looking for high-yield urban rental properties.
Median prices moved down 1.2% year over year.
Homes spend a median of 88 days on market with 5.2 months of supply — a balanced-paced 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 5.6% · poverty 10.0% — 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 4.8%/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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 42055, Lyon 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 Kuttawa are generally lower than the national average, with property crime being the primary concern in this rural setting.
Schools serving the area are part of the Lyon County School District, which maintains a small-town educational environment with moderate performance ratings.
The area faces moderate risks related to seasonal flooding near Lake Barkley and the Cumberland River, with standard insurance requirements for flood zones.
Economic momentum is driven by tourism and recreation associated with the Land Between the Lakes National Recreation Area, with limited large-scale industrial development.
Property taxes are assessed at the county level by the Lyon County Property Valuation Administrator, with rates reflecting standard Kentucky local government and school district levies.
Commutes are primarily car-dependent, with residents typically traveling to nearby regional hubs like Eddyville or Paducah for employment.
The area is anchored by Lake Barkley and proximity to the Land Between the Lakes, offering extensive boating, fishing, hiking, and camping opportunities.
The rental market is characterized by low inventory and a high share of single-family homes, with limited turnover and stable demand from seasonal workers and local residents.
The local economy is heavily reliant on tourism, hospitality, and small-scale retail, with limited major corporate employers within the ZIP code.
Transportation is dominated by private vehicle use, with I-24 serving as the primary corridor for regional access.
Development is largely constrained by geography and environmental protections, with limited large-scale residential or commercial projects currently in the pipeline.
The Lyon County PVA manages assessments, typically conducting physical inspections on a four-year cycle.
Parcels are subject to Lyon County school taxes and local fire district assessments.
Property insurance premiums are stable but sensitive to flood-zone designations near the lakefront.
Data retrieved from 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.
- Venture River Water Park4.64.1 mi
- Calvert Drive-In Theater4.712.2 mi
- Adams Breezy Hill Farm4.615 mi
- Kentucky Opry Theater4.813.1 mi
- The Badgett Playhouse4.85.6 mi
- Moss Creek Day Use Area4.77.1 mi
- Calvert Drive-In Theater4.712.2 mi
- Mineral Mound State Park4.53.5 mi
- Maggie's Jungle Golf4.79.5 mi
- Vista Ridge Park4.62.1 mi
- Kentucky Dam Village4.48.3 mi
- North Welcome Station4.75.9 mi
- Hillman Ferry4.67.1 mi
- Moss Creek Day Use Area4.77.1 mi
- Woodlands Nature Station4.711.8 mi
- Kentucky Dam Village4.48.3 mi
- Moors Resort & Marina4.69.7 mi
- Green Turtle Bay Resort & Marina4.65.1 mi
- Kentucky Dam Marina4.88.6 mi
- Hu-B's at Kuttawa4.52.4 mi
- Kentucky Dam Village4.48.3 mi
- Mineral Mound State Park4.53.5 mi
- Kentucky Dam Golf Course4.68.6 mi
- Calvert City Golf & Country Club4.610.1 mi
- Dollar General44.9 mi
- Pleasant Valley Bulk Foods4.811.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major reservoir providing boating, fishing, and water sports.
Expansive outdoor recreation area with trails and wildlife viewing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.