40810, Bledsoe, KY

The 40810 zip code of Bledsoe, KY has a median home value of $128,000. This is significantly lower than the national median home value of $177,500. The percentage of homes in this zip code that are worth less than $100,000 is also high at 37%.

The reason for the low home values in this zip code may be due to its low population density. There are only 1,851 people living in this zip code which means that there is not a lot of competition for homes. Additionally, the average age of residents in this zip code is relatively young at 36 years old. This may indicate that there are not a lot of families who are looking to buy or sell homes in this area.

On the other hand, the high percentage of homes worth less than $100,000 could be indicative of a bubble market. It is possible that there will be more sellers entering the market and bidding up prices while buyers wait for better deals. If this happens then it could lead to a decrease in home values as buyers lose money on their investments over time.