Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$162,236−6.8% YoY · prices are falling fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$35,169About 0.6× the local median income ($60,175): affordable for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.1%Zillow expects prices to rise slightly
The typical home in McLean County, KY is worth $162,236, down 6.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $152,101, so the area is 6.7% overvalued. It is a balanced market, leaning toward sellers: homes take about 67 days to sell, listings are down 54% from a year ago, 0% of listings have had a price cut. Zillow expects prices to rise about 2.1% over the next year. A household needs about $35,169 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 $60,175. 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
$162,236
Change in 1 year
−6.8%
Overvalued %
+6.7%
Show 7 more
Fair home value
$152,101
Change in 5 years
+17.0%
Zillow forecast, next 12 months
+2.1%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$879
Income needed to afford it
$35,169
Property tax rate
0.64%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,138
Market activity
Listings vs a year ago
−53.8%
Days on market
67
Listings with a price cut
0.0%
Show 3 more
Homes for sale
6
Pending sales per 100 listings
117
Asking price per sq ft
$122
People and jobs
Median household income
$60,175
Population change (1 year)
−0.2%
Unemployment rate
5.6%
Show 4 more
Population
9,064
Income adjusted for cost of living
$67,918
Net moves in (IRS)
−6
Cost of living (US = 100)
88.6
Schools, risk and environment
School rating (1 to 10)
7.9
FEMA hazard risk score (0 to 100)
40.7
Flood risk score
45.8
Show 3 more
Wildfire risk score
4.5
Walkability (1 to 20)
5.0
Road, rail and air noise
54 dB
Questions people ask
Is McLean County, KY overvalued?
Home prices in McLean County, KY are slightly above what local incomes have historically supported: fair value is about $152,101, so the area is 6.7% overvalued.
Is McLean County, KY a buyer's or seller's market?
McLean County, KY is a balanced market, leaning toward sellers: homes take about 67 days to sell, listings are down 54% from a year ago, 0% of listings have had a price cut.
Are home prices going down in McLean County, KY?
Home values in McLean County, KY are down 6.8% over the last year. Zillow's forecast for the next 12 months is +2.1%.
How much do you need to earn to buy a home in McLean County, KY?
A household needs about $35,169 a year to afford the typical home in McLean County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,175.