40361 — Fayette County, Kentucky Market Snapshot
Housing market data for zip code 40361 in Fayette County, Kentucky. Updated monthly with median prices, days on market, and more.
Market Sales Data
50 sales in 2026 (year to date)
Median Sale Price
$233,500
Days to Sell
74
Homes Sold
50
Inventory
57
Sale-to-List
95.8%
New Listings
71
Price/SqFt
$141
Pending Sales
64
Conforming Loan Available
Most homebuyers in 40361 can comfortably use conventional financing. The median home price of $233,500 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 74 days on average, 40361 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 40361 sells for 4.2% below asking price (95.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 40361 can comfortably use conventional financing. The median home price of $233,500 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 40361 are set at the county level.
2026 Loan Limits — Fayette 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 40361
To purchase the median home at $233,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,939.
Monthly Payment
$1,939
Income Required
$83,100
Principal & Interest
$1,439/mo
Down Payment (5%)
$11,675
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 40361.
Estimated Monthly Payment
$1,595
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