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Paducah, KY-IL 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$172,916−2.3% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$37,485About 0.6× the local median income ($63,980): affordable for a typical household
Days on market67 daysAbout the same pace as a year ago
Next 12 months+3.3%Zillow expects prices to rise slightly

The typical home in Paducah, KY-IL is worth $172,916, down 2.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $163,376, so the area is 5.8% overvalued. It is a buyer's market: homes take about 67 days to sell, listings are up 10% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 3.3% over the next year. A household needs about $37,485 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 $63,980. Typical rent is $1,151 a month, or $1,328 for a house. In the latest IRS figures, 317 more people moved in than out.

Home value over time

$0K$50K$100K$150K19801990200020102020
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$172,916
Change in 1 year−2.3%
Overvalued %+5.8%
Show 7 more
Fair home value$163,376
Change in 5 years+26.9%
Zillow forecast, next 12 months+3.3%
Home value to income2.7×
Monthly mortgage payment (20% down)$937
Income needed to afford it$37,485
Property tax rate0.78%

Rent and investing

Typical rent$1,151
Typical rent for houses$1,328
Price-to-rent ratio12.5×
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HUD Fair Market Rent, 2 bedrooms$1,115
Gross rental yield7.99%
Cap rate (estimate)5.19%

Market activity

Listings vs a year ago+9.7%
Days on market67
Listings with a price cut20.7%
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Homes for sale293
Pending sales per 100 listings36
Asking price per sq ft$133

People and jobs

Median household income$63,980
Population change (1 year)−0.3%
Unemployment rate3.3%
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Population102,259
Income adjusted for cost of living$74,309
Net moves in (IRS)+317
Cost of living (US = 100)86.1

Schools, risk and environment

School rating (1 to 10)7.5
FEMA hazard risk score (0 to 100)73.5
Unhealthy air days a year0
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Flood risk score62.1
Wildfire risk score25.7
Walkability (1 to 20)6.2
Road, rail and air noise54 dB

Questions people ask

Is Paducah, KY-IL overvalued?
Home prices in Paducah, KY-IL are slightly above what local incomes have historically supported: fair value is about $163,376, so the area is 5.8% overvalued.
Is Paducah, KY-IL a buyer's or seller's market?
Paducah, KY-IL is a buyer's market: homes take about 67 days to sell, listings are up 10% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Paducah, KY-IL?
Home values in Paducah, KY-IL are down 2.3% over the last year. Zillow's forecast for the next 12 months is +3.3%.
How much do you need to earn to buy a home in Paducah, KY-IL?
A household needs about $37,485 a year to afford the typical home in Paducah, KY-IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,980.

Counties in this metro

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