40051, New Haven, KY

The 40051 zip code of New Haven, KY has a median home value of $128,000 and a median home equity value of $112,000. This is lower than the national median home value of $217,500 and the regional median home equity value of $130,000. The 40051 zip code also has a lower than average percentage of homeowners with mortgage debt (41%) and a higher percentage of homeowners with HELOCs (50%).

There are several factors that may contribute to the low home values in the 40051 zip code. First, this area is not as affluent as other parts of Kentucky. Second, there is a high rate of foreclosure in this area which may have decreased the value of homes. Finally, there are fewer homes available for sale in this zip code due to restrictions on development in certain areas.