ZIP Code Market Report
40815 — Cawood, KY
Data through February 2026 · Updated monthly
Avg Home Value
$72,773
▼ 12.6% year-over-year
Month-over-Month
+2.4%
▲ 2.4%
Single Family
$71,392
Condo / Co-op
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The average home value in the 40815 ZIP code (Cawood, KENTUCKY) is $72,773 as of February 2026. Home prices are declining, down 12.6% compared to last year.
The market in 40815 has a $93,083 spread between bottom-tier homes at $39,858 and top-tier homes at $132,940. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Harlan County market area in KENTUCKY. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Harlan County report.
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Market Snapshot
40815 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $72,515 | $71,059 | $72,773 | ▲ 0.4% |
| Single Family Value | $72,432 | $71,320 | $71,392 | ▼ 1.4% |
Home Values
40815 Home Value Trend
Historical home values for ZIP code 40815. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 40815
How different property types compare in this ZIP code.
All Homes
$72,773
Single Family
$71,392
Bottom Tier
$39,858
Top Tier
$132,940
Data Sources and Methodology
Home value data for ZIP code 40815 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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