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London, KY

Full City Profile · Kentucky · Laurel County County

2.8 /5.0
C+ Fair
7,576 Population 598/sq mi density
$45,850 Median Income $23,940 per capita
$155,500 Home Value $177,898 Zillow
$783 Median Rent 28.6% income on rent
57°F Avg Temperature 299 sunny days/yr
62 Violent Crime/100K 4,658 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$45,850 median income, 1.3% unemployment
A+
Affordability
4.8 / 5.0
$155,500 home value, $783/mo rent
F
Safety
1.0 / 5.0
62 violent crimes/100K
C
Education
2.3 / 5.0
16.8% bachelor's degree or higher

Housing Overview

Median Home Value
$155,500
45% below
US avg: $281,900
Median Rent
$783/mo
33% below
US avg: $1,163/mo
Homeownership Rate
48.5%
26% below US avg (65.4%)
Total Housing Units
3,534
Median year built: 1983

Home Value by Source

Census Median
$155,500
Zillow (ZHVI)
$177,898
Median Sale Price
$213,950
Median List Price
$139,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

48.5%
Owner-Occupied
51.5%
Renter-Occupied
49%
52%
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: $783/mo

Market Indicators (Redfin)

Median Days on Market
101 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
6
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$114
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
48.5%

Complete Housing Data

Home Values

Census Median Value$155,500
Zillow Home Value (ZHVI)$177,898
Median Sale Price$213,950
Median List Price$139,950
Price Per Sq Ft$114

Rent

Census Median Rent$783
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market101
Sale-to-List Ratio0.9%
Price Drops15.0%
Homes Sold6
Active Inventory20
Price Per Sq Ft$114

Ownership & Stock

Owner-Occupied48.5%
Renter-Occupied51.5%
Homeownership Rate48.5%
Total Housing Units3,534
Median Year Built1983
Rent Burden28.6%