40740 — Lily, KY Home Values
Typical home value $152,893 as of August 2026 · 5th of 19 in London, KY
Blue: typical home value (Zillow ZHVI) in ZIP code 40740, August 2021 to August 2026. This page shows observed data only; no forecast.
How 40740 compares in the London, KY area
ZIP code 40740 (Lily, KY) has a typical home value of $152,893 as of August 2026, ranking 5th of 19 ZIP codes tracked in the London, KY area, more expensive than about 79% of ZIP codes in the metro. Prices here have moved -5.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.7%, from $125,656 in August 2021 to $152,893 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the London, KY forecast for a modeled outlook, or browse the full ranked list of ZIP codes in London.
Population and demographics
ZIP code 40740 has a population of 3,954, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 96.8% White, 2.8% two or more races, and 0.4% Hispanic or Latino.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Camp Ground Elementary School | 6800 Barbourville Rd, London, KY | 2.3 mi |
| Hunter Hills Elementary School | 8325 S US 25, Corbin, KY | 2.9 mi |
| Lynn Camp Elementary School | 366 North KY 830, Corbin, KY | 4.8 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 40740?
$152,893 as of August 2026, the latest month Zillow has published observed data for.
Is 40740 an expensive ZIP code in the London, KY area?
40740 ranks 5th of 19 ZIP codes in the London, KY area by typical home value, more expensive than about 79% of ZIP codes in the metro.
How much have home values in 40740 changed over the past year?
-5.7% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 40740?
3,954, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40740?
Camp Ground Elementary School (2.3 mi), Hunter Hills Elementary School (2.9 mi), Lynn Camp Elementary School (4.8 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 40740?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the London, 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.