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Flatwoods, KY

Full City Profile · Kentucky · Boyd County County

3.0 /5.0
B Good
7,281 Population 2,045/sq mi density
$60,467 Median Income $27,803 per capita
$112,200 Home Value $139,489 Zillow
$923 Median Rent 26.3% income on rent
55°F Avg Temperature 293 sunny days/yr
14 Violent Crime/100K 369 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$60,467 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$112,200 home value, $923/mo rent
F
Safety
1.1 / 5.0
14 violent crimes/100K
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Housing Overview

Median Home Value
$112,200
60% below
US avg: $281,900
Median Rent
$923/mo
21% below
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
3,200
Median year built: 1971

Home Value by Source

Census Median
$112,200
Zillow (ZHVI)
$139,489
Median Sale Price
$112,200
Median List Price
$137,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.7%
Owner-Occupied
22.3%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $923/mo

Market Indicators (Redfin)

Median Days on Market
40 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
3
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$85
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
77.7%

Complete Housing Data

Home Values

Census Median Value$112,200
Zillow Home Value (ZHVI)$139,489
Median Sale Price$112,200
Median List Price$137,450
Price Per Sq Ft$85

Rent

Census Median Rent$923
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market40
Sale-to-List Ratio1.1%
Price Drops23.5%
Homes Sold3
Active Inventory17
Price Per Sq Ft$85

Ownership & Stock

Owner-Occupied77.7%
Renter-Occupied22.3%
Homeownership Rate77.7%
Total Housing Units3,200
Median Year Built1971
Rent Burden26.3%