Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$128,716−14.5% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 30% have cut their price
Income needed to buy, per year$27,903About 0.6× the local median income ($47,808): affordable for a typical household
Days on market68 daysAbout the same pace as a year ago
The typical home in Menifee County, KY is worth $128,716, down 14.5% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $130,651, so the area is 1.5% undervalued. It is a buyer's market: homes take about 68 days to sell, listings are up 9% from a year ago, 30% of listings have had a price cut. A household needs about $27,903 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 $47,808. In the latest IRS figures, 114 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
$128,716
Change in 1 year
−14.5%
Overvalued %
−1.5%
Show 6 more
Fair home value
$130,651
Change in 5 years
+17.4%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$698
Income needed to afford it
$27,903
Property tax rate
0.51%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
+8.7%
Days on market
68
Listings with a price cut
30.3%
Show 3 more
Homes for sale
50
Pending sales per 100 listings
24
Asking price per sq ft
$187
People and jobs
Median household income
$47,808
Population change (1 year)
+1.6%
Unemployment rate
7.9%
Show 4 more
Population
6,430
Income adjusted for cost of living
$56,047
Net moves in (IRS)
+114
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
2.6
FEMA hazard risk score (0 to 100)
6.2
Flood risk score
21.8
Show 3 more
Wildfire risk score
51.5
Walkability (1 to 20)
4.1
Road, rail and air noise
54 dB
Questions people ask
Is Menifee County, KY overvalued?
Home prices in Menifee County, KY are slightly below what local incomes have historically supported: fair value is about $130,651, so the area is 1.5% undervalued.
Is Menifee County, KY a buyer's or seller's market?
Menifee County, KY is a buyer's market: homes take about 68 days to sell, listings are up 9% from a year ago, 30% of listings have had a price cut.
Are home prices going down in Menifee County, KY?
Home values in Menifee County, KY are down 14.5% over the last year.
How much do you need to earn to buy a home in Menifee County, KY?
A household needs about $27,903 a year to afford the typical home in Menifee County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $47,808.