ZIP 41701 Housing Market & Real Estate Update (Hazard, KY) — February 23, 2026
41701 – February 23, 2026 – In ZIP 41701 (Hazard, KY), home values are down year over year and mortgage rates near 6% keep buyers selective.
ZIP 41701 (Hazard area, Perry County, KY) is seeing a mixed set of signals: softer home-value trends on broad indexes, but a thin sales sample that can swing month to month.
Top takeaways
- Zillow’s 41701 home value index shows typical values down 5.8% year over year (data through Dec. 31, 2025).
- Realtor.com’s ZIP-level trend snapshot (Oct. 2025 reporting period) shows a median listing price of $115,000 with a 95% sale-to-list ratio, suggesting room to negotiate.
- Redfin shows a higher recent median sale price, but on very low transaction volume (only a couple of sales), so treat it as a noisy signal.
- Mortgage rates remain the main gatekeeper: Freddie Mac’s weekly survey put the average 30-year fixed at 6.01% for Feb. 19, 2026.
Market snapshot (what locals are likely to feel)
Inventory is still relatively limited, and that matters more than any single headline number. The current for-sale mix in 41701 skews toward modest single-family homes and a handful of larger, updated properties, plus scattered land and small multifamily options. If you are shopping, expect pricing to vary sharply by condition (updates) and site factors like steep lots, access, and drainage.
On the resale side, the Realtor.com trend page shows about 50+ active listings in the ZIP and a median time on market under two months for the most recent reporting period. That usually means well-priced, move-in-ready homes can still move, while projects sit longer unless priced for the work.
Rates and affordability
With rates hovering near 6%, payment sensitivity is high. In practical terms, buyers are asking harder questions about roofs, HVAC age, moisture issues, and repair budgets. Sellers who pre-fix obvious items (or price for them) tend to reduce days on market.
Development and jobs: keep an eye on Perry Plaza
Perry County continues to market the Perry Plaza area near Hazard as a commercial development site with utilities in place. While it is not a housing project, additional retail and service activity can tighten nearby rentals and support steady demand for entry-level homes.
For local government signals, Perry County is posting fiscal court agendas online. If you are tracking road, water, or sewer items that can unlock new lots or infill builds, those agendas are worth a quick scan.
ServiceXTC local pros (real-estate adjacent)
We did not find active ServiceXTC directory pages specifically tied to 41701 at the time of this update. If you are a local home-service provider (inspection, roofing, HVAC, plumbing, electrical, remodeling), getting listed can help buyers and sellers find you during the spring rush.
Sources
- Freddie Mac PMMS weekly rate archive
- Realtor.com ZIP 41701 market snapshot and active listings search
- Zillow ZIP 41701 home values index
- Redfin ZIP 41701 housing market and listings
- Perry County: Fiscal Court meetings and Perry Plaza development overview
What are you seeing right now in 41701 — more price cuts, fewer showings, or more competition for the good ones?