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Area data

Prospect, KY — ZIP 40059

Population: 20,892 (Census ACS)

The median home value in ZIP 40059 (Prospect, KY) is $628,267 — up 3.5% over the past year. Homes sell for a median $745,000 after a median 40.5 days on market. Typical rent runs $2,382/month. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with tornado, coldwave, heatwave the top-rated hazards. Cost of living is 11.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$628,267

Median home value

+3.5%

1-year change

40.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$628,267
1-year appreciation
+3.5%
3-year appreciation
+10.4%
5-year appreciation
+31.0%
10-year appreciation
+63.7%
All-time peak (2026-07)
$628,267
House Price Index (state)
396.0 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$745,000
Median list price
$799,900
Median price per sqft
$211
1-year sale-price change
+6.4%
Median days on market
40.5 days
Homes sold (recent period)
101
For-sale inventory
168
Sale-to-list ratio
98.5%
Active listings
149
1-year forecast
+1.3%
Days to pending
54 days
New listings (monthly)
46

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,382/mo
1-year rent change
+4.2%
Studio fair-market rent
$1,450/mo
1BR fair-market rent
$1,570/mo
2BR fair-market rent
$1,910/mo
3BR fair-market rent
$2,440/mo
4BR fair-market rent
$2,840/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
88.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
2
Middle schools
0
High schools
0
School districts serving the area
Jefferson County, Oldham County
Schools include
Norton Commons Elementary, Goshen At Hillcrest Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
tornado, coldWave, heatWave, iceStorm, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively High · earthquake: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively High · iceStorm: Relatively High · inlandFlooding: Relatively High
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 12% of US counties
Buildings in wildfire direct-exposure zone
25.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Smith's Farm (23.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
55
Days with Good air quality
123
Days with Moderate air quality
226
Days with Unhealthy air quality
1
Highest AQI recorded (year)
171

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
4.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
49,248
Jobs reachable by transit (45 min)
40,742

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Abraham Lincoln Birthplace National Historical Park (54 mi)
Airports within 30 mi
31
Nearest airport
Clark Regional Airport (8 mi)
Nearest major airport
Bowman Field (LOU) (10 mi)
Hospitals nearby (~15 mi)
339
Hospitals include
ST VINCENT'S BIRMINGHAM, MOBILE INFIRMARY MEDICAL CENTER, MEDICAL WEST, AN AFFILIATE OF UAB HEALTH SYSTEM
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
12
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,475 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,999
Housing built before 1970
8.8%
Housing built 2000 or later
47.7%
Median annual property tax
$5,291
Mean commute to work
21 min
Households with broadband internet
91.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
437,295
Average weekly wage
$1,320
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,173

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 40059State medianUS median
Median home value$628,267$169,157$289,727
Median sale price$745,000$234,500$325,000
Median days on market41 days57 days51 days
Typical rent$2,382/mo$1,378/mo$1,808/mo
Median annual property tax$5,291$921$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 40059?
$628,267.
What is the median sale price in ZIP 40059?
$745,000.
How long do homes take to sell in ZIP 40059?
Median days on market: 40.5 days.
What is typical rent in ZIP 40059?
Typical rent: $2,382/month.
What is the natural-hazard risk in ZIP 40059?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: tornado, coldWave, heatWave, iceStorm, inlandFlooding.
Is ZIP 40059 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 40059?
Risk to homes is higher than 12% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 40059?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 40059?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 40059?
2 schools (2 elementary) (NCES, 2022-23).
Is ZIP 40059 walkable?
Walkability index: 4.5/20 (EPA Smart Location Database).
What is the air quality in ZIP 40059?
Moderate. Median AQI: 55. (EPA AQI).
What is the cost of living in ZIP 40059?
Regional Price Parity: 88.5 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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