Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$210,569−5.4% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$45,647About 0.7× the local median income ($64,655): affordable for a typical household
Days on market70 daysAbout the same pace as a year ago
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Allen County, KY is worth $210,569, down 5.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $202,478, so the area is 4.0% overvalued. It is a buyer's market: homes take about 70 days to sell, listings are up 23% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $45,647 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,655. In the latest IRS figures, 326 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$210,569
Change in 1 year
−5.4%
Overvalued %
+4.0%
Show 7 more
Fair home value
$202,478
Change in 5 years
+16.8%
Zillow forecast, next 12 months
+1.7%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,141
Income needed to afford it
$45,647
Property tax rate
0.54%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,019
Market activity
Listings vs a year ago
+22.9%
Days on market
70
Listings with a price cut
19.0%
Show 3 more
Homes for sale
134
Pending sales per 100 listings
20
Asking price per sq ft
$184
People and jobs
Median household income
$64,655
Population change (1 year)
+2.0%
Unemployment rate
6.9%
Show 4 more
Population
22,536
Income adjusted for cost of living
$71,680
Net moves in (IRS)
+326
Cost of living (US = 100)
90.2
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
33.3
Flood risk score
27.4
Show 3 more
Wildfire risk score
9.3
Walkability (1 to 20)
4.5
Road, rail and air noise
55 dB
Questions people ask
Is Allen County, KY overvalued?
Home prices in Allen County, KY are slightly above what local incomes have historically supported: fair value is about $202,478, so the area is 4.0% overvalued.
Is Allen County, KY a buyer's or seller's market?
Allen County, KY is a buyer's market: homes take about 70 days to sell, listings are up 23% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Allen County, KY?
Home values in Allen County, KY are down 5.4% over the last year. Zillow's forecast for the next 12 months is +1.7%.
How much do you need to earn to buy a home in Allen County, KY?
A household needs about $45,647 a year to afford the typical home in Allen County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,655.