The story of this market
The typical home in ZIP 40375 sells for about $170,000, or $115 per square foot.
Prices are up +13.3% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 40375
The housing market in 40375 shows steady growth with a 13.3% year-over-year price increase, reflecting strong demand for affordable rural living. While inventory remains tight, the market is balanced by a moderate pace of sales and consistent interest from buyers seeking proximity to outdoor amenities.
This ZIP is best suited for outdoor enthusiasts, retirees, and budget-conscious families looking for a small-town atmosphere with easy access to Kentucky's premier natural attractions.
Median prices moved up 13.3% year over year.
Homes spend a median of 45 days on market with 3.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.1% · poverty 19.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 40375, Powell County KY
Crime rates in Stanton are generally lower than the national average, with property crime being the most frequently reported incident type. The area is considered relatively safe compared to larger urban centers in Kentucky.
Schools in the Powell County School District serve the area, with performance ratings generally falling in the average range compared to state benchmarks.
The area faces moderate risks from seasonal flooding near the Red River and occasional severe wind events, typical for the Appalachian foothills region.
Economic momentum is driven by local government, education, and small-scale manufacturing, with proximity to the Red River Gorge providing a steady tourism-based economic anchor.
Property taxes are assessed by Powell County and the City of Stanton, with rates determined by local school district and county government levies; no special MUD/PID districts are prevalent.
Commuting is primarily car-dependent, with residents typically driving 30-45 minutes toward Winchester or Lexington for major employment hubs via the Mountain Parkway.
The area is a gateway to the Red River Gorge and Natural Bridge State Resort Park, offering extensive hiking, climbing, and outdoor recreation within a short drive.
The rental market is characterized by low inventory and steady demand from local workers and those seeking proximity to outdoor recreation, with limited new multi-family construction.
The local economy is anchored by tourism related to the Red River Gorge, alongside public sector employment and regional retail services.
Transportation is dominated by the Mountain Parkway, which serves as the primary artery connecting the area to the Lexington metropolitan region.
Development is largely focused on small-scale residential infill and tourism-related infrastructure improvements.
The Powell County Property Valuation Administrator (PVA) conducts periodic assessments to ensure property values align with market trends.
Parcels are served by the Powell County School District and local utility districts providing water and sewer services.
Property insurance premiums are influenced by regional wildfire and flood risk assessments, with standard coverage widely available.
Data retrieved from data.census.gov ZCTA 40375 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional attraction featuring sandstone arches and hiking trails.
Internationally recognized destination for rock climbing and scenic beauty.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.