40741 — Laurel County, Kentucky Market Snapshot
Housing market data for zip code 40741 in Laurel County, Kentucky. Updated monthly with median prices, days on market, and more.
Market Sales Data
49 sales in 2026 (year to date)
Median Sale Price
$207,900
Days to Sell
111
Homes Sold
49
Inventory
82
Sale-to-List
94.0%
New Listings
75
Price/SqFt
$122
Pending Sales
73
Conforming Loan Available
Most homebuyers in 40741 can comfortably use conventional financing. The median home price of $207,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 111 days on average, 40741 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 40741 sells for 6.0% below asking price (94.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 40741 can comfortably use conventional financing. The median home price of $207,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 40741 are set at the county level.
2026 Loan Limits — Laurel County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 40741
To purchase the median home at $207,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,743.
Monthly Payment
$1,743
Income Required
$74,694
Principal & Interest
$1,281/mo
Down Payment (5%)
$10,395
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 40741.
Estimated Monthly Payment
$1,437
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