Location: Marshall County, KY | Metro: McCracken County, KY HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $970 | $153,017 | 0.63% | D |
| 3BR | $1,260 | $241,285 | 0.52% | F |
U.S. Census Bureau data (2024)
The real estate market in Symsonia, Kentucky, ZIP code 42082, presents a unique landscape for both landlords and small-portfolio investors. With a median home value of $185,603, the area stands at a pivotal point where affordability meets potential growth. The data indicates that there has been no significant reduction in listing prices, as evidenced by the N/A% of listings being reduced, which suggests a stable pricing environment. This stability, combined with the median days on market (DOM) also being reported as N/A, implies a balanced market where neither buyers nor sellers hold overwhelming leverage.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $910. While the current market rent and DOM are not available, the FMR provides a benchmark for understanding the rental dynamics. In a scenario where the current market rent aligns closely with the FMR, landlords can expect steady demand without significant fluctuations in rental income. However, if the current market rent is below the FMR, there might be an opportunity for slight increases in rent to meet the fair market level, assuming the local economy supports such adjustments.
For long-term investors considering appreciation, the setup in Symsonia is indicative of moderate growth potential. Given the median home value and the absence of price reductions among listings, it's reasonable to assume that the market is likely to experience gradual appreciation rather than rapid growth. This aligns with a conservative investment strategy, where maintaining property quality and keeping rents competitive can lead to steady returns over time.
Investors should also consider broader economic factors that influence the real estate market. A strong local job market, population growth, and improvements in infrastructure could all contribute to increased demand for housing, thereby supporting higher property values and rents. Conversely, any downturn in these areas could impact the stability of the market and the long-term appreciation potential.
In summary, the current median home value and the lack of significant price reductions or changes in DOM suggest a stable but modestly appreciating market. Rental income is expected to remain steady, with opportunities for slight increases to match the FMR. Long-term investors should focus on maintaining their properties and staying informed about local economic trends to ensure continued success in the Symsonia real estate market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.