Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$96,689−8.6% 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$20,960About 0.5× the local median income ($46,499): affordable for a typical household
Days on market96 daysSlower than a year ago: buyers have time to negotiate
The typical home in Pike County, KY is worth $96,689, down 8.6% from a year ago. That is well below what local incomes have historically supported: fair value is about $116,587, so the area is 17.1% undervalued. It is a buyer's market: homes take about 96 days to sell, listings are up 15% from a year ago, 13% of listings have had a price cut. A household needs about $20,960 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 $46,499. In the latest IRS figures, 30 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
$96,689
Change in 1 year
−8.6%
Overvalued %
−17.1%
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Fair home value
$116,587
Change in 5 years
−0.9%
Home value to income
2.1×
Monthly mortgage payment (20% down)
$524
Income needed to afford it
$20,960
Property tax rate
0.69%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,095
Market activity
Listings vs a year ago
+14.6%
Days on market
96
Listings with a price cut
12.6%
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Homes for sale
149
Pending sales per 100 listings
19
Asking price per sq ft
$127
People and jobs
Median household income
$46,499
Population change (1 year)
−1.1%
Unemployment rate
5.2%
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Population
54,721
Income adjusted for cost of living
$54,512
Net moves in (IRS)
−30
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)
87.9
Unhealthy air days a year
0
Show 4 more
Flood risk score
94.0
Wildfire risk score
90.1
Walkability (1 to 20)
4.2
Road, rail and air noise
54 dB
Questions people ask
Is Pike County, KY overvalued?
Home prices in Pike County, KY are well below what local incomes have historically supported: fair value is about $116,587, so the area is 17.1% undervalued.
Is Pike County, KY a buyer's or seller's market?
Pike County, KY is a buyer's market: homes take about 96 days to sell, listings are up 15% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Pike County, KY?
Home values in Pike County, KY are down 8.6% over the last year.
How much do you need to earn to buy a home in Pike County, KY?
A household needs about $20,960 a year to afford the typical home in Pike County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $46,499.