A typical Fincastle home is worth roughly $264,000
Home prices around Fincastle have risen about 36% over the past 5 years.
What kind of housing town is Fincastle?
Read from the numbers below. The page puts what stands out first.
96% of Fincastle households own their home
Half of Fincastle’s homes were built before 1977.
Kentucky: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Home prices up 36% in 5 years
The federal house price index for the ZIP code around Fincastle rose 36% over the past 5 years, slower than across Kentucky (50%). Prices were about flat last year.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fincastle, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.9 years of income
Less than across Kentucky (3.7 years). Try your own numbers below.
That covers a typical Fincastle home, with $93K to spare.
A two-bedroom rents for about $1,670 a month here, $100 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fincastle’s typical property tax (0.84% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,670
Renters already here pay a median of $2,583.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Louisville, KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Fincastle buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.