40351 Home Values & Market Trends
There are 178 homes currently listed for 40351. 40351 real estate market trends show that home prices range from $15,000 to $899,500, and the median sales price in the 40351 zip code is $243,627. The total number of properties sold within the past twelve months is 210. In 40351, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
40351 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Morehead | $ 243,627 $ 150/sqft |
Housing Market Summary for 40351
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $217.5K | $225K | 3.45% |
| Median Sold Price | $204.8K | $159.9K | -21.91% |
| Homes For Sale | 126 | 173 | 37.30% |
| Homes Sold | 54 | 78 | 44.44% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 40351
Browse Homes in 40351
The median list price of a home in Morehead, is $243,627. A total of 178 properties are for sale, and the percentage of properties for sale in the zip code is 178.00%. The total count of 40351 properties is 264.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 40351 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40351; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40351 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40351. There is 1 cities within 40351; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmorehead has 2 auction properties, the highest number of properties going to auction in a single city in the state of 40351. Auction homes and other auction properties account for 0.76% of all properties in 40351. There is 1 cities within 40351; of that cities, the median estimated home value for homes going to auction ranges from $128,300 in morehead to the lowest value of $128,300 in morehead.
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Guide for 40351
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.