Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$175,394−13.3% YoY · prices are falling fast
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 24% have cut their price
Income needed to buy, per year$38,022About 0.7× the local median income ($56,410): affordable for a typical household
Days on market74 daysSlower than a year ago: buyers have time to negotiate
The typical home in Calloway County, KY is worth $175,394, down 13.3% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $177,013, so the area is 0.9% undervalued. It is a balanced market, leaning toward buyers: homes take about 74 days to sell, listings are down 7% from a year ago, 24% of listings have had a price cut. A household needs about $38,022 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 $56,410. Typical rent is $1,116 a month. In the latest IRS figures, 2 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
$175,394
Change in 1 year
−13.3%
Overvalued %
−0.9%
Show 6 more
Fair home value
$177,013
Change in 5 years
−13.0%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$951
Income needed to afford it
$38,022
Property tax rate
0.65%
Rent and investing
Typical rent
$1,116
Price-to-rent ratio
13.1×
HUD Fair Market Rent, 2 bedrooms
$1,155
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Gross rental yield
7.64%
Cap rate (estimate)
4.96%
Market activity
Listings vs a year ago
−6.8%
Days on market
74
Listings with a price cut
23.7%
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Homes for sale
96
Pending sales per 100 listings
39
Asking price per sq ft
$162
People and jobs
Median household income
$56,410
Population change (1 year)
+1.3%
Unemployment rate
4.5%
Show 4 more
Population
39,421
Income adjusted for cost of living
$66,131
Net moves in (IRS)
−2
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
9.1
FEMA hazard risk score (0 to 100)
75.3
Flood risk score
50.7
Show 3 more
Wildfire risk score
18.6
Walkability (1 to 20)
6.1
Road, rail and air noise
55 dB
Questions people ask
Is Calloway County, KY overvalued?
Home prices in Calloway County, KY are slightly below what local incomes have historically supported: fair value is about $177,013, so the area is 0.9% undervalued.
Is Calloway County, KY a buyer's or seller's market?
Calloway County, KY is a balanced market, leaning toward buyers: homes take about 74 days to sell, listings are down 7% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Calloway County, KY?
Home values in Calloway County, KY are down 13.3% over the last year.
How much do you need to earn to buy a home in Calloway County, KY?
A household needs about $38,022 a year to afford the typical home in Calloway County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,410.