Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$173,754−9.1% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$37,666About 0.6× the local median income ($60,561): affordable for a typical household
Days on market74 daysFaster than a year ago: sellers have the edge
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Butler County, KY is worth $173,754, down 9.1% from a year ago. That is well below what local incomes have historically supported: fair value is about $200,060, so the area is 13.1% undervalued. It is a buyer's market: homes take about 74 days to sell, listings are up 8% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $37,666 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 $60,561. In the latest IRS figures, 123 more people moved out than in.
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
$173,754
Change in 1 year
−9.1%
Overvalued %
−13.1%
Show 7 more
Fair home value
$200,060
Change in 5 years
+3.8%
Zillow forecast, next 12 months
+1.7%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$942
Income needed to afford it
$37,666
Property tax rate
0.58%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
+8.0%
Days on market
74
Listings with a price cut
21.6%
Show 3 more
Homes for sale
27
Pending sales per 100 listings
7
Asking price per sq ft
$158
People and jobs
Median household income
$60,561
Population change (1 year)
+0.3%
Unemployment rate
4.4%
Show 4 more
Population
12,520
Income adjusted for cost of living
$67,141
Net moves in (IRS)
−123
Cost of living (US = 100)
90.2
Schools, risk and environment
School rating (1 to 10)
4.3
FEMA hazard risk score (0 to 100)
18.1
Flood risk score
23.7
Show 3 more
Wildfire risk score
5.3
Walkability (1 to 20)
3.9
Road, rail and air noise
56 dB
Questions people ask
Is Butler County, KY overvalued?
Home prices in Butler County, KY are well below what local incomes have historically supported: fair value is about $200,060, so the area is 13.1% undervalued.
Is Butler County, KY a buyer's or seller's market?
Butler County, KY is a buyer's market: homes take about 74 days to sell, listings are up 8% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Butler County, KY?
Home values in Butler County, KY are down 9.1% 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 Butler County, KY?
A household needs about $37,666 a year to afford the typical home in Butler County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,561.