Is Rhodelia, KY 40161 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Rhodelia is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Rhodelia housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Meade County, KY

Population	182
Median income	$74,348
Average income	$79,355
Owner-occupied	94% of homes
Median year built	1938
Walkability	3.6 of 20Least walkable

Natural hazard riskTornadoes (relatively high), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 40161; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 40161

Prefilled for 40161Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40161Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Battletown 40104Balanced $145 /sq ft Brandenburg 40108Balanced $158 /sq ft Ekron 40117Seller’s market $167 /sq ft Guston 40142Seller’s market $154 /sq ft Browse all markets →

Where Rhodelia is

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Questions about Rhodelia real estate

What are property taxes in Rhodelia?

About 0.68% of a home’s value a year in Meade County, or roughly $2,720 on a $400,000 home.

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More tools for 40161

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Meade County property taxes Meade County loan limits Closing costs in Kentucky Hottest ZIP codes in Kentucky

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology