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Sarah Mitchell
Compass Real Estate · ZIP 42301
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42301 ZIP Code Housing Market
$225,000median sale price
What is the 42301 housing market like right now?
The median home sale price in ZIP code 42301 is $225,000, up 7.1% year-over-year. Homes sell in an average of 21 days with 76 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 42301 ZIP code a buyer's or seller's market?
ZIP code 42301 is currently a balanced market and homes selling in about 21 days. How we determine this →
What are the latest 42301 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $242,450 |
| Year-over-year price change | +7.1% |
| Average days on market | 21 days |
| Active inventory | 76 listings |
| Sale-to-list price ratio | 97.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 42301 zip code, located in Sorgho, KY, is currently classified as a balanced market. The median sale price stands at $225,000, representing a +7.1% change year over year. Homes in this area spend an average of 21 days on the market before going under contract. There are currently 76 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 42301 sits in the Sorgho, KY area, roughly 2.1 miles from downtown Sorgho. Because home prices are set street by street, this ZIP can move differently from Sorgho's citywide averages. The figures below reflect 42301 specifically — drawn from Redfin transactions, U.S. Census data for its 45,445 residents, and Zillow value estimates.
Homes sold
150
Last 12 weeks
Days on market
21
Average pace
Active listings
76
Sale-to-list
97.7%
Below asking
What is driving the 42301 housing market?
The 42301 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 97.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 42301 have increased +7.1% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 42301 stands at $213,183, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,189 per month. This gives a price-to-rent ratio of approximately 14.9, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 42301?
Population
45,445
Median income
$66,885/yr
Median age
36.6 years
Owner-occupied
63.0%
College grads
26.5%
Avg commute
20.17 min
What is it like living in 42301?
Zip code 42301 is home to approximately 45,445 residents. The median household income is $66,885 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 63.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 26.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 20.17 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 42301.
Which public schools serve ZIP 42301?
22 schools tracked · 8,389 students
The largest public schools serving ZIP code 42301 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Apollo High School
Grades 9-12 · 1,350 students
Owensboro High School
Grades 9-12 · 1,329 students
Owensboro Middle School
Grades 6-8 · 786 students
F T Burns Middle School
Grades 6-8 · 756 students
Tamarack Elementary School
Grades PK-5 · 542 students
Sutton Elementary School
Grades K-5 · 514 students
F T Burns Elementary School
Grades PK-5 · 446 students
Audubon Elementary School
Grades PK-5 · 416 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 42301
What is the median home price in 42301?
The current median sale price in 42301 is $225,000, based on recent Redfin transaction data. Prices have changed +7.1% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 42301 a buyer's or seller's market?
The 42301 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 42301?
Zip code 42301 has a population of approximately 45,445 residents. The median household income is $66,885 per year. About 63.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 42301?
Properties Incorporated provides comprehensive data for 42301 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 42301 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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