40385
Waco, Kentucky.
Waco, Madison County, KY · Richmond-Berea, KY metro · population 2,233
to buy the typical home at today's mortgage rate — +$684 (+116%) since Jan 2020.
- 1 year
- Down $4,071 -2%
- $247,134$243,064 since Sep 2025
- 5 years
- Up $39,067 +19%
- $203,996$243,064 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 40385$1,276
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in zip 40385 fell 1.6% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Waco, KY — measured over the city limits, which is a different area from this zip.
Typical home value — 40385
Mid-tier homes, smoothed and seasonally adjusted.
- 40385$243,064
- Richmond$262,983
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.9 | 40336 | Irvine | 12,718 | — | $116,607 |
| 9.8 | 40475 | Richmond | 65,961 | $1,109 | $299,010 |
| 13.2 | 40312 | Clay City | 5,994 | — | $126,379 |
| 13.8 | 40403 | Berea | 27,607 | $923 | $254,850 |
| 14.0 | 40472 | Ravenna | 1,276 | — | $88,495 |
| 16.0 | 40391 | Winchester | 36,796 | $1,431 | $252,174 |
| 18.3 | 40461 | Paint Lick | 2,527 | — | $280,420 |
| 20.0 | 40515 | Lexington | 37,384 | $1,499 | $380,767 |
| 20.0 | 40380 | Stanton | 7,100 | — | $159,570 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.