Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$226,199+4.3% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$49,035About 0.8× the local median income ($61,732): affordable for a typical household
Days on market47 daysSlower than a year ago: buyers have time to negotiate
The typical home in Montgomery County, KY is worth $226,199, up 4.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $196,386, so the area is 15.2% overvalued. It is a balanced market: homes take about 47 days to sell, listings are up 12% from a year ago, 17% of listings have had a price cut. A household needs about $49,035 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 $61,732. In the latest IRS figures, 62 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
$226,199
Change in 1 year
+4.3%
Overvalued %
+15.2%
Show 6 more
Fair home value
$196,386
Change in 5 years
+34.0%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,226
Income needed to afford it
$49,035
Property tax rate
0.73%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,004
Market activity
Listings vs a year ago
+12.3%
Days on market
47
Listings with a price cut
16.8%
Show 3 more
Homes for sale
91
Pending sales per 100 listings
32
Asking price per sq ft
$177
People and jobs
Median household income
$61,732
Population change (1 year)
+0.0%
Unemployment rate
4.0%
Show 4 more
Population
28,822
Income adjusted for cost of living
$72,370
Net moves in (IRS)
+62
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
34.3
Flood risk score
49.7
Show 3 more
Wildfire risk score
30.7
Walkability (1 to 20)
5.4
Road, rail and air noise
55 dB
Questions people ask
Is Montgomery County, KY overvalued?
Home prices in Montgomery County, KY are well above what local incomes have historically supported: fair value is about $196,386, so the area is 15.2% overvalued.
Is Montgomery County, KY a buyer's or seller's market?
Montgomery County, KY is a balanced market: homes take about 47 days to sell, listings are up 12% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Montgomery County, KY?
Home values in Montgomery County, KY are up 4.3% over the last year.
How much do you need to earn to buy a home in Montgomery County, KY?
A household needs about $49,035 a year to afford the typical home in Montgomery County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,732.