Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$204,748+6.2% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 40% have cut their price
Income needed to buy, per year$44,385About 0.6× the local median income ($76,970): affordable for a typical household
Days on market46 daysFaster than a year ago: sellers have the edge
The typical home in Hancock County, KY is worth $204,748, up 6.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $171,777, so the area is 19.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 46 days to sell, listings are down 43% from a year ago, 40% of listings have had a price cut. A household needs about $44,385 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 $76,970. In the latest IRS figures, 39 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
$204,748
Change in 1 year
+6.2%
Overvalued %
+19.2%
Show 6 more
Fair home value
$171,777
Change in 5 years
+36.7%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$1,110
Income needed to afford it
$44,385
Property tax rate
0.66%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$962
Market activity
Listings vs a year ago
−42.9%
Days on market
46
Listings with a price cut
40.0%
Show 3 more
Homes for sale
12
Pending sales per 100 listings
33
Asking price per sq ft
$152
People and jobs
Median household income
$76,970
Population change (1 year)
+0.4%
Unemployment rate
4.4%
Show 4 more
Population
9,050
Income adjusted for cost of living
$90,234
Net moves in (IRS)
−39
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
7.7
FEMA hazard risk score (0 to 100)
28.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
48.3
Wildfire risk score
5.1
Walkability (1 to 20)
4.4
Road, rail and air noise
54 dB
Questions people ask
Is Hancock County, KY overvalued?
Home prices in Hancock County, KY are well above what local incomes have historically supported: fair value is about $171,777, so the area is 19.2% overvalued.
Is Hancock County, KY a buyer's or seller's market?
Hancock County, KY is a balanced market, leaning toward sellers: homes take about 46 days to sell, listings are down 43% from a year ago, 40% of listings have had a price cut.
Are home prices going down in Hancock County, KY?
Home values in Hancock County, KY are up 6.2% over the last year.
How much do you need to earn to buy a home in Hancock County, KY?
A household needs about $44,385 a year to afford the typical home in Hancock County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,970.