The story of this market
The typical home in ZIP 40390 sells for about $300,000, or $165 per square foot.
Prices are up +1.2% 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 $943 a month.
ZIP 40390 — Wilmore
The housing market in 40390 is experiencing steady growth, characterized by moderate price appreciation and a balanced inventory level. Demand remains supported by its affordability relative to the neighboring Lexington market, though rising interest rates have tempered the pace of sales compared to previous years.
This ZIP is well-suited for family buyers and commuters seeking a more affordable price point than the Lexington urban core while maintaining access to regional employment centers. It appeals to those prioritizing suburban space and a quieter residential environment.
Median prices moved up 1.2% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 12.8% — a stable, low-distress 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 6.5%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 40390, Clark County KY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Winchester area are generally consistent with regional averages for similar-sized Kentucky municipalities. Local law enforcement reports stable trends, though property crime remains a primary focus for community safety initiatives.
Public schools in the area are primarily served by Clark County Public Schools, which maintains a standard curriculum and performance profile consistent with regional district benchmarks.
The area is subject to standard regional risks including seasonal severe thunderstorms and occasional flooding in low-lying areas near the Kentucky River basin. Property insurance markets remain stable but are sensitive to national trends in catastrophe coverage.
Economic momentum is driven by proximity to the Lexington metropolitan area and local manufacturing and agricultural sectors. Infrastructure development is focused on maintaining connectivity to the I-64 corridor.
Property taxes are assessed by the Clark County Property Valuation Administrator based on fair cash value. The jurisdiction includes state, county, city, and school district levies, with specific exemptions available for homesteads and disability status.
Commuters primarily utilize the I-64 corridor for access to the Lexington employment core, with average drive times ranging from 25 to 35 minutes depending on traffic conditions.
The area features access to local parks, the Clark County Fairgrounds, and proximity to the Kentucky River for outdoor activities. Shopping and dining are concentrated along the main commercial corridors in Winchester.
The rental market has seen a cooling trend in asking prices recently, with vacancy rates remaining moderate. Investor interest is steady, though short-term rental activity is less prevalent than in the urban core of Lexington.
The local economy is anchored by manufacturing, healthcare, and retail sectors. It serves as a secondary employment hub within the broader Lexington-Fayette metropolitan statistical area.
Transportation is heavily reliant on private vehicle use, with I-64 serving as the primary artery for regional transit. Public transit options are limited compared to the Lexington urban core.
Development is focused on infill residential projects and the expansion of industrial capacity along the city's periphery. Zoning efforts prioritize maintaining the balance between agricultural land and residential growth.
The Clark County Property Valuation Administrator manages assessments, focusing on annual market value adjustments to ensure equitable taxation across residential and commercial parcels.
Parcels are subject to Clark County school district taxes and local utility district assessments. No major MUD/PID districts are currently reported for this ZIP.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk. Market health is stable, with standard coverage availability for residential properties.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Features sports fields and walking trails serving the local community.
Central hub for local businesses and historic architecture.
Hosts regional events and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.