Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$175,799+0.4% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$38,109About 0.7× the local median income ($56,968): affordable for a typical household
Days on market52 daysFaster than a year ago: sellers have the edge
The typical home in Graves County, KY is worth $175,799, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $139,530, so the area is 26.0% overvalued. It is a buyer's market: homes take about 52 days to sell, listings are up 38% from a year ago, 24% of listings have had a price cut. A household needs about $38,109 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 $56,968. In the latest IRS figures, 1 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
$175,799
Change in 1 year
+0.4%
Overvalued %
+26.0%
Show 6 more
Fair home value
$139,530
Change in 5 years
+38.8%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$953
Income needed to afford it
$38,109
Property tax rate
0.66%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
+38.5%
Days on market
52
Listings with a price cut
24.0%
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Homes for sale
90
Pending sales per 100 listings
40
Asking price per sq ft
$133
People and jobs
Median household income
$56,968
Population change (1 year)
+0.7%
Unemployment rate
3.4%
Show 4 more
Population
37,050
Income adjusted for cost of living
$66,785
Net moves in (IRS)
+1
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
7.3
FEMA hazard risk score (0 to 100)
84.0
Flood risk score
56.8
Show 3 more
Wildfire risk score
26.7
Walkability (1 to 20)
5.0
Road, rail and air noise
55 dB
Questions people ask
Is Graves County, KY overvalued?
Home prices in Graves County, KY are well above what local incomes have historically supported: fair value is about $139,530, so the area is 26.0% overvalued.
Is Graves County, KY a buyer's or seller's market?
Graves County, KY is a buyer's market: homes take about 52 days to sell, listings are up 38% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Graves County, KY?
Home values in Graves County, KY are up 0.4% over the last year.
How much do you need to earn to buy a home in Graves County, KY?
A household needs about $38,109 a year to afford the typical home in Graves County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,968.