Market Intelligence · KY / Wellington

Wellington, KY 40387 Housing Market

Homes in Wellington, KY 40387 have a typical value of $126,435, down 11.5% over the past year. The median list price stands at $175,825, with homes staying on the market for a median of 81 days.

Updated September 2026Median value$126K

The median home value in Wellington, KY 40387 is $126K as of September 2026, down 11.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 40387 range

$116K to $137K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-11.5% over 12 months

Typical home value in 40387 over the last 12 months: $143K in Sep 2025 to $126K in Sep 2026 (-11.5%).

Sep 2025$143K

Sep 2026$126K

The numbers

What is the 40387 housing market like?

Typical home value

$126K

Down11.5%YoY

Median list price

$176K

Down1.8%MoM

Days on market

81

Up3.8%MoM

Homes for sale

28

Down6.7%MoM

Price cuts

13.8%

Up65.3%MoM

New listings

6

Down25.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

40387 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40387 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 40387 fell 11.5%, per the Zillow Home Value Index.

Will home prices drop in 40387?

Zillow's forecast does not call for a drop: it expects typical home values in 40387 to rise 0.7% by September 2027, after a 11.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 40387 home prices compare?

  • 40387$126,435
  • Wellington$126,435
  • Kentucky$168,346
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Wellington: 1 ZIP; Kentucky: 598 ZIPs; United States: 26,262 ZIPs).

Context

Wellington's housing market shows signs of slowdown. There are 28 homes for sale as of September 2026, with only 6 new listings entering the market recently. Homes are taking longer to move, and about 13.8% of listings have seen price reductions. For sellers, this means pricing competitively and being realistic about timing will be important in the current environment.

Monthly payment

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20% · $25,287

Common questions

What people ask us.

What is the typical home value in Wellington, KY 40387?

The typical home value is $126,435, which represents an 11.5% decline over the past year.

How long do homes stay on the market in Wellington?

Homes in this area stay on the market for a median of 81 days.

What is the median list price in Wellington?

The median list price is $175,825 as of September 2026.

Keep reading

Guides for sellers.