Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$179,321−4.1% YoY · prices are falling fast
Market right nowBalanced marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$38,873About 0.6× the local median income ($64,666): affordable for a typical household
Days on market63 daysFaster than a year ago: sellers have the edge
The typical home in Owen County, KY is worth $179,321, down 4.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $184,834, so the area is 3.0% undervalued. It is a balanced market: homes take about 63 days to sell, listings are down 16% from a year ago, 17% of listings have had a price cut. A household needs about $38,873 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 $64,666. In the latest IRS figures, 39 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
$179,321
Change in 1 year
−4.1%
Overvalued %
−3.0%
Show 6 more
Fair home value
$184,834
Change in 5 years
+13.8%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$972
Income needed to afford it
$38,873
Property tax rate
0.72%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,022
Market activity
Listings vs a year ago
−16.3%
Days on market
63
Listings with a price cut
17.4%
Show 3 more
Homes for sale
36
Pending sales per 100 listings
31
Asking price per sq ft
$193
People and jobs
Median household income
$64,666
Population change (1 year)
+1.2%
Unemployment rate
7.0%
Show 4 more
Population
11,601
Income adjusted for cost of living
$75,810
Net moves in (IRS)
+39
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
3.0
FEMA hazard risk score (0 to 100)
15.2
Flood risk score
30.9
Show 3 more
Wildfire risk score
5.6
Walkability (1 to 20)
3.7
Road, rail and air noise
54 dB
Questions people ask
Is Owen County, KY overvalued?
Home prices in Owen County, KY are slightly below what local incomes have historically supported: fair value is about $184,834, so the area is 3.0% undervalued.
Is Owen County, KY a buyer's or seller's market?
Owen County, KY is a balanced market: homes take about 63 days to sell, listings are down 16% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Owen County, KY?
Home values in Owen County, KY are down 4.1% over the last year.
How much do you need to earn to buy a home in Owen County, KY?
A household needs about $38,873 a year to afford the typical home in Owen County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,666.