Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$245,471−3.4% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$53,213About 0.8× the local median income ($69,653): affordable for a typical household
Days on market71 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Elizabethtown, KY is worth $245,471, down 3.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $229,914, so the area is 6.8% overvalued. It is a buyer's market: homes take about 71 days to sell, listings are up 7% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $53,213 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 $69,653. Typical rent is $1,297 a month, or $1,685 for a house. In the latest IRS figures, 198 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
$245,471
Change in 1 year
−3.4%
Overvalued %
+6.8%
Show 7 more
Fair home value
$229,914
Change in 5 years
+22.0%
Zillow forecast, next 12 months
+0.2%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,330
Income needed to afford it
$53,213
Property tax rate
0.65%
Rent and investing
Typical rent
$1,297
Typical rent for houses
$1,685
Price-to-rent ratio
15.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,087
Gross rental yield
6.34%
Cap rate (estimate)
4.12%
Market activity
Listings vs a year ago
+6.8%
Days on market
71
Listings with a price cut
25.1%
Show 3 more
Homes for sale
518
Pending sales per 100 listings
29
Asking price per sq ft
$162
People and jobs
Median household income
$69,653
Population change (1 year)
+0.7%
Unemployment rate
6.0%
Show 4 more
Population
128,666
Income adjusted for cost of living
$76,880
Net moves in (IRS)
−198
Cost of living (US = 100)
90.6
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
68.1
Unhealthy air days a year
0
Show 4 more
Flood risk score
67.7
Wildfire risk score
29.8
Walkability (1 to 20)
6.1
Road, rail and air noise
55 dB
Questions people ask
Is Elizabethtown, KY overvalued?
Home prices in Elizabethtown, KY are slightly above what local incomes have historically supported: fair value is about $229,914, so the area is 6.8% overvalued.
Is Elizabethtown, KY a buyer's or seller's market?
Elizabethtown, KY is a buyer's market: homes take about 71 days to sell, listings are up 7% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Elizabethtown, KY?
Home values in Elizabethtown, KY are down 3.4% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Elizabethtown, KY?
A household needs about $53,213 a year to afford the typical home in Elizabethtown, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,653.