ZIP Code Market Report
41606 — Wheelwright, KY
Data through February 2026 · Updated monthly
Avg Home Value
$67,273
▼ 27.3% year-over-year
Month-over-Month
-2.3%
▼ 2.3%
Single Family
$67,746
Condo / Co-op
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The average home value in the 41606 ZIP code (Wheelwright, KENTUCKY) is $67,273 as of February 2026. Home prices are declining, down 27.3% compared to last year.
The market in 41606 has a $80,515 spread between bottom-tier homes at $39,033 and top-tier homes at $119,547. 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 Floyd County market area in KENTUCKY. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Floyd County report.
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Market Snapshot
41606 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 | $70,111 | $68,822 | $67,273 | ▼ 4.0% |
| Single Family Value | $68,895 | $68,192 | $67,746 | ▼ 1.7% |
Home Values
41606 Home Value Trend
Historical home values for ZIP code 41606. 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 41606
How different property types compare in this ZIP code.
All Homes
$67,273
Single Family
$67,746
Bottom Tier
$39,033
Top Tier
$119,547
Data Sources and Methodology
Home value data for ZIP code 41606 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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