42441, Nebo, KY Housing Market
Hyperlocal market intelligence for ZIP code 42441 in KY. Located in Hopkins County, KY. Part of the Madisonville, KY metro area.
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42441, Nebo, KY market data
42441, Nebo, KY Housing Market Overview
ZIP code 42441's median home value is $162K, down 6.4% over the past year. Its PropertyIQ Score of 5 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Understanding the housing market in ZIP code 42441 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 42441, Nebo, KY, giving investors and agents a competitive edge in KY's most specific market segments.
Southeastern ZIP codes combine affordability with economic diversification across manufacturing, logistics, and services sectors. ZIP-level PropertyIQ scores reveal which specific neighborhoods within this fast-growing region are positioned to outperform their state peers in home price appreciation. Within the Southeast, ZIP code 42441's PropertyIQ Score of 5 runs below the Southeast norm.
PropertyIQ distills four housing signals into a single 1 to 99 score for 42441, Nebo, KY at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score. Momentum here has been negative, with home values down 6.4% over the past year.
Explore 42441, Nebo, KY's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.
42441, Nebo, KY is located in Hopkins County, KY.
This ZIP code is part of the Madisonville, KY metro area.
Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is 42441, Nebo, KY a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. 42441, Nebo, KY currently scores 5, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $162K, down 6.4% over the past year. So whether 42441, Nebo, KY is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for 42441, Nebo, KY?
42441, Nebo, KY's PropertyIQ Score is 5, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 5 places 42441, Nebo, KY below its state benchmark.
Are home prices in 42441, Nebo, KY rising or falling?
Home prices in 42441, Nebo, KY are falling. Over the past year, the median home value declined 6.4%, reaching $162K. Over the latest three months, values slipped 5.3%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind 42441, Nebo, KY's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the ZIP code, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How current is this ZIP code data?
This 42441, Nebo, KY market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.