40342 — Lawrenceburg, KY Home Values
Typical home value $266,685 as of June 2026 · 1st of 2 in Frankfort, KY
Blue: typical home value (Zillow ZHVI) in ZIP code 40342, June 2021 to June 2026. This page shows observed data only; no forecast.
How 40342 compares in the Frankfort, KY area
ZIP code 40342 (Lawrenceburg, KY) has a typical home value of $266,685 as of June 2026, ranking 1st of 2 ZIP codes tracked in the Frankfort, KY area, the most expensive ZIP code in the metro. Prices here have moved +1.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +42.2%, from $187,483 in June 2021 to $266,685 in June 2026. Against observed rent, the typical home here sells for 19.5× the annual rent ($1,138/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Frankfort, KY forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Frankfort.
Population and demographics
ZIP code 40342 has a population of 23,739, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 92.6% White, 3.1% Black or African American, 2.2% Hispanic or Latino, 1.9% two or more races, 0.1% Asian, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Robert B. Turner Elementary School | 1411 Fox Creek Road, Lawrenceburg, KY | 2.5 mi |
| Anderson County High School | 1 Bearcat Dr, Lawrenceburg, KY | 3.5 mi |
| Emma B. Ward Elementary School | 1150 BYPASS N, Lawrenceburg, KY | 4.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 40342?
$266,685 as of June 2026, the latest month Zillow has published observed data for.
Is 40342 an expensive ZIP code in the Frankfort, KY area?
40342 ranks 1st of 2 ZIP codes in the Frankfort, KY area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 40342 changed over the past year?
+1.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 40342?
The typical home price is 19.5× the observed annual rent in this ZIP code ($1,138/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 40342?
23,739, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40342?
Robert B. Turner Elementary School (2.5 mi), Anderson County High School (3.5 mi), Emma B. Ward Elementary School (4.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 40342?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Frankfort, KY forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.