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Perry County, KY housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$100,008−5.4% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 13% have cut their price
Income needed to buy, per year$21,680About 0.5× the local median income ($44,945): affordable for a typical household
Days on market69 daysSlower than a year ago: buyers have time to negotiate

The typical home in Perry County, KY is worth $100,008, down 5.4% from a year ago. That is well below what local incomes have historically supported: fair value is about $112,249, so the area is 10.9% undervalued. It is a buyer's market: homes take about 69 days to sell, listings are up 19% from a year ago, 13% of listings have had a price cut. A household needs about $21,680 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 $44,945. In the latest IRS figures, 68 more people moved out than in.

Home value over time

$0K$25K$50K$75K$100K200020052010201520202025
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$100,008
Change in 1 year−5.4%
Overvalued %−10.9%
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Fair home value$112,249
Change in 5 years+7.6%
Home value to income2.2×
Monthly mortgage payment (20% down)$542
Income needed to afford it$21,680
Property tax rate0.70%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,010

Market activity

Listings vs a year ago+18.8%
Days on market69
Listings with a price cut12.7%
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Homes for sale38
Pending sales per 100 listings34
Asking price per sq ft$121

People and jobs

Median household income$44,945
Population change (1 year)−0.9%
Unemployment rate5.8%
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Population26,555
Income adjusted for cost of living$52,691
Net moves in (IRS)−68
Cost of living (US = 100)85.3

Schools, risk and environment

School rating (1 to 10)6.1
FEMA hazard risk score (0 to 100)73.2
Unhealthy air days a year1
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Flood risk score86.3
Wildfire risk score77.9
Walkability (1 to 20)5.6
Road, rail and air noise55 dB

Questions people ask

Is Perry County, KY overvalued?
Home prices in Perry County, KY are well below what local incomes have historically supported: fair value is about $112,249, so the area is 10.9% undervalued.
Is Perry County, KY a buyer's or seller's market?
Perry County, KY is a buyer's market: homes take about 69 days to sell, listings are up 19% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Perry County, KY?
Home values in Perry County, KY are down 5.4% over the last year.
How much do you need to earn to buy a home in Perry County, KY?
A household needs about $21,680 a year to afford the typical home in Perry County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $44,945.

Nearby and similar counties

ZIP codes in Perry County (open on the map)

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