40013 — Spencer County, Kentucky Market Snapshot
Housing market data for zip code 40013 in Spencer County, Kentucky. Updated monthly with median prices, days on market, and more.
Market Sales Data
25 sales in 2026 (year to date)
Median Sale Price
$289,900
Days to Sell
39
Homes Sold
25
Inventory
16
Sale-to-List
97.5%
New Listings
30
Price/SqFt
$177
Pending Sales
28
Conforming Loan Available
Most homebuyers in 40013 can comfortably use conventional financing. The median home price of $289,900 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
40013's market is balanced with homes taking an average of 39 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 40013 sells for 2.5% below asking price (97.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 40013 can comfortably use conventional financing. The median home price of $289,900 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 40013 are set at the county level.
2026 Loan Limits — Spencer 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 40013
To purchase the median home at $289,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,371.
Monthly Payment
$2,371
Income Required
$101,619
Principal & Interest
$1,786/mo
Down Payment (5%)
$14,495
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 40013.
Estimated Monthly Payment
$1,944
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