Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$61,734−19.0% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$13,383About 0.3× the local median income ($44,407): affordable for a typical household
Days on market106 daysSlower than a year ago: buyers have time to negotiate
The typical home in Knott County, KY is worth $61,734, down 19.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $78,197, so the area is 21.1% undervalued. It is a buyer's market: homes take about 106 days to sell, listings are up 39% from a year ago, 17% of listings have had a price cut. A household needs about $13,383 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 $44,407. In the latest IRS figures, 6 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
$61,734
Change in 1 year
−19.0%
Overvalued %
−21.1%
Show 6 more
Fair home value
$78,197
Change in 5 years
−3.8%
Home value to income
1.4×
Monthly mortgage payment (20% down)
$335
Income needed to afford it
$13,383
Property tax rate
0.74%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$983
Market activity
Listings vs a year ago
+38.9%
Days on market
106
Listings with a price cut
17.4%
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Homes for sale
25
Pending sales per 100 listings
20
Asking price per sq ft
$104
People and jobs
Median household income
$44,407
Population change (1 year)
−1.1%
Unemployment rate
9.3%
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Population
13,321
Income adjusted for cost of living
$52,060
Net moves in (IRS)
−6
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
52.1
Flood risk score
73.1
Show 3 more
Wildfire risk score
74.1
Walkability (1 to 20)
3.6
Road, rail and air noise
55 dB
Questions people ask
Is Knott County, KY overvalued?
Home prices in Knott County, KY are well below what local incomes have historically supported: fair value is about $78,197, so the area is 21.1% undervalued.
Is Knott County, KY a buyer's or seller's market?
Knott County, KY is a buyer's market: homes take about 106 days to sell, listings are up 39% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Knott County, KY?
Home values in Knott County, KY are down 19.0% over the last year.
How much do you need to earn to buy a home in Knott County, KY?
A household needs about $13,383 a year to afford the typical home in Knott County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $44,407.