40385 — Waco, KY Home Values
Typical home value $248,209 as of June 2026 · 4th of 6 in Richmond-Berea, KY
Blue: typical home value (Zillow ZHVI) in ZIP code 40385, June 2021 to June 2026. This page shows observed data only; no forecast.
How 40385 compares in the Richmond-Berea, KY area
ZIP code 40385 (Waco, KY) has a typical home value of $248,209 as of June 2026, ranking 4th of 6 ZIP codes tracked in the Richmond-Berea, KY area, more expensive than about 50% of ZIP codes in the metro. Prices here have moved -3.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.5%, from $204,295 in June 2021 to $248,209 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Richmond-Berea, KY forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Richmond.
Population and demographics
ZIP code 40385 has a population of 2,378, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 100% White.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Waco Elementary School | 359 Waco Loop, Waco, KY | 0.2 mi |
| Madison County Virtual Academy | 301 Highland Park Drive, Richmond, KY | 7.2 mi |
| Clark Moores Middle School | 1143 Berea Rd, Richmond, KY | 7.5 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 40385?
$248,209 as of June 2026, the latest month Zillow has published observed data for.
Is 40385 an expensive ZIP code in the Richmond-Berea, KY area?
40385 ranks 4th of 6 ZIP codes in the Richmond-Berea, KY area by typical home value, more expensive than about 50% of ZIP codes in the metro.
How much have home values in 40385 changed over the past year?
-3.1% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 40385?
2,378, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40385?
Waco Elementary School (0.2 mi), Madison County Virtual Academy (7.2 mi), Clark Moores Middle School (7.5 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 40385?
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 Richmond-Berea, 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.