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Flemingsburg

Learn about the people, housing, costs and businesses in Flemingsburg, Kentucky

Median Home$123,099
Median Rent$660/month
Population3,074
Leading IndustriesRetail · Finance & Insurance · Information & Media19% retail
Home Value Growth⬆⬆⬆+28.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners67% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
Flemingsburg
KY

Frequently Asked Questions

What are today's mortgage rates in Flemingsburg?

As of today, the 30-year fixed mortgage rate for Flemingsburg is approximately 7.142% (7.189% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Flemingsburg?

The median home value in Flemingsburg is $123k. The median monthly rent is $660. Annual property taxes average $695. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Flemingsburg?

Home values in Flemingsburg have increased 28.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Flemingsburg?

Based on a typical all-in ownership cost of $624/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Flemingsburg is $44k/year.

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What industries drive the economy in Flemingsburg?

The largest employment sectors in Flemingsburg are public administration (22%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.