Median home value in zip code 40385 (Richmond, KY) is $239,728, down 1.5% year over year. Part of the Richmond-Berea, KY metropolitan area.

Home Value$239,728

YoY Change

-1.5%

Prices falling — better for buyers.

Affordability

Enter your income for 40385 (Richmond).

Income (annual)

Down Payment

$47,946 on $239,728

Example: $75,000 household income. Change it above to see your own.

Affordable24.8% of income

Under the 28% guideline.

PITI$1,553

P/I24.8%

Afford$270K

Room+$30K

P&I $1,212Tax $174Ins $167

6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

40385 is part of the Richmond-Berea, KY metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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