40444, Lancaster, KY

The 40444 zip code of Lancaster, KY has a median home value of $116,000 and a median home equity value of $103,000. These values are slightly higher than the statewide median home value of $105,600 and statewide median home equity value of $102,200. The 40444 zip code is also slightly higher than the national median home value of $81,600 and national median home equity value of $97,200.

There are a number of factors that may contribute to the high values in the 40444 zip code. First and foremost is the fact that Lancaster is a desirable location with plenty to offer residents and businesses alike. Second is the strong economy which has led to increased demand for homes and property throughout Kentucky. Finally, there is evidence to suggest that homeowners in this area are more likely to have ample savings or other assets available to them in case of an emergency or financial setback. Taken together, these factors help explain why homes in this area tend to be worth more than average.