Zip Code:

41832, Letcher, KY

41832 is a Kentucky Zip code within the city of Letcher and the county of Letcher. Its population is roughly 323.

The Real Estate Market in the 41832 Zip Code of Letcher, KY

The 41832 zip code of Letcher, KY has a median home value of $101,000. This is lower than the Kentucky median home value of $130,000. The 41832 zip code also has a lower than average home equity percentage of 58%. This means that there are more homes in the 41832 zip code with negative equity (a deficiency in the amount owed on a home) than homes with positive equity (the amount owed on a home minus any outstanding mortgages or other debts).

There are several factors that could contribute to this low level of home equity in the 41832 zip code. One reason may be that many homes in this area were built before the 2008 housing market crash and may not have been well-maintained since then. Additionally, Letcher is located in one of Kentucky's poorest counties and there may be fewer opportunities for people to buy or build homes here. Finally, many people who live in the 41832 zip code may be struggling to make payments on their mortgages or other debts, which could lead to negative equity.

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