Kentucky 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$230,909−0.2% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$50,056About 0.8× the local median income ($64,481): affordable for a typical household
Days on market57 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Kentucky is worth $230,909, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $208,018, so the area is 11.0% overvalued. It is a buyer's market: homes take about 57 days to sell, listings are up 17% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $50,056 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 $64,481. In the latest IRS figures, 5,598 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 | $230,909 |
| Change in 1 year | −0.2% |
| Overvalued % | +11.0% |
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| Fair home value | $208,018 |
| Change in 5 years | +24.8% |
| Zillow forecast, next 12 months | +2.9% |
| Home value to income | 3.6× |
| Monthly mortgage payment (20% down) | $1,251 |
| Income needed to afford it | $50,056 |
| Property tax rate | 0.75% |
Rent and investing
| HUD Fair Market Rent, 2 bedrooms | $1,157 |
Market activity
| Listings vs a year ago | +17.2% |
| Days on market | 57 |
| Listings with a price cut | 22.5% |
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| Homes for sale | 14,439 |
| Pending sales per 100 listings | 35 |
| Asking price per sq ft | $174 |
People and jobs
| Median household income | $64,481 |
| Population change (1 year) | +0.5% |
| Unemployment rate | 4.9% |
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| Population | 4,606,864 |
| Income adjusted for cost of living | $71,487 |
| Net moves in (IRS) | +5,598 |
| Cost of living (US = 100) | 90.2 |
Schools, risk and environment
| FEMA hazard risk score (0 to 100) | 67.9 |
| Unhealthy air days a year | 4 |
| Flood risk score | 70.4 |
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| Wildfire risk score | 34.1 |
| Walkability (1 to 20) | 7.3 |
| Road, rail and air noise | 54 dB |
Questions people ask
- Is Kentucky overvalued?
- Home prices in Kentucky are well above what local incomes have historically supported: fair value is about $208,018, so the area is 11.0% overvalued.
- Is Kentucky a buyer's or seller's market?
- Kentucky is a buyer's market: homes take about 57 days to sell, listings are up 17% from a year ago, 22% of listings have had a price cut.
- Are home prices going down in Kentucky?
- Home values in Kentucky are down 0.2% over the last year. Zillow's forecast for the next 12 months is +2.9%.
- How much do you need to earn to buy a home in Kentucky?
- A household needs about $50,056 a year to afford the typical home in Kentucky at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,481.
Metro areas
Cincinnati, OH-KY-INLouisville/Jefferson County, KY-INLexington-Fayette, KYHuntington-Ashland, WV-KY-OHClarksville, TN-KYBowling Green, KYElizabethtown, KYOwensboro, KYPaducah, KY-IL
Counties
Adair CountyAllen CountyAnderson CountyBallard CountyBarren CountyBath CountyBell CountyBoone CountyBourbon CountyBoyd CountyBoyle CountyBracken CountyBreathitt CountyBreckinridge CountyBullitt CountyButler CountyCaldwell CountyCalloway CountyCampbell CountyCarlisle CountyCarroll CountyCarter CountyCasey CountyChristian CountyClark CountyClay CountyClinton CountyCrittenden CountyCumberland CountyDaviess CountyEdmonson CountyElliott CountyEstill CountyFayette CountyFleming CountyFloyd CountyFranklin CountyFulton CountyGallatin CountyGarrard CountyGrant CountyGraves CountyGrayson CountyGreen CountyGreenup CountyHancock CountyHardin CountyHarlan CountyHarrison CountyHart CountyHenderson CountyHenry CountyHickman CountyHopkins CountyJackson CountyJefferson CountyJessamine CountyJohnson CountyKenton CountyKnott CountyKnox CountyLarue CountyLaurel CountyLawrence CountyLee CountyLeslie CountyLetcher CountyLewis CountyLincoln CountyLivingston CountyLogan CountyLyon CountyMadison CountyMagoffin CountyMarion CountyMarshall CountyMartin CountyMason CountyMcCracken CountyMcCreary CountyMcLean CountyMeade CountyMenifee CountyMercer CountyMetcalfe CountyMonroe CountyMontgomery CountyMorgan CountyMuhlenberg CountyNelson CountyNicholas CountyOhio CountyOldham CountyOwen CountyOwsley CountyPendleton CountyPerry CountyPike CountyPowell CountyPulaski CountyRobertson CountyRockcastle CountyRowan CountyRussell CountyScott CountyShelby CountySimpson CountySpencer CountyTaylor CountyTodd CountyTrigg CountyTrimble CountyUnion CountyWarren CountyWashington CountyWayne CountyWebster CountyWhitley CountyWolfe CountyWoodford County