Kentucky housing market: home prices by city and forecast
Kentucky home prices: a typical home in the state was worth $230,909 in September 2026, according to the Zillow Home Value Index, down 0.2% on a year earlier.
- Value of a typical home
- $230,909September 2026, Zillow ZHVI
- Change over 12 months
- −0.2%US +1.2%
- Change over 10 years
- +81.0%US +77.4%
- Multiple of the 2000 level
- ×2.55US ×2.99
- Price relative to income
- Here, 3.6 appears beside a median income of $64,526.
Across the 50 states and DC, rankings from highest to lowest place typical home value at 46th, the 12-month change at 42nd, growth since 2000 at 38th of 47, and price to income at 42nd.
Kentucky home prices since 2000
A typical Kentucky home was worth $90,528 in January 2000 and $230,909 later. The peak came in June 2025 at $233,175, so today's figure is −1.0% under it.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $91,868 | $96,834 | $100,312 | $103,580 | $106,968 | $111,308 | $115,230 | $117,275 | $117,101 | $115,961 |
| 2010s | $115,130 | $111,798 | $112,112 | $113,696 | $116,978 | $120,733 | $126,662 | $133,213 | $141,164 | $149,138 |
| 2020s | $160,118 | $181,007 | $200,715 | $210,196 | $219,792 | $231,260 |
Kentucky home prices since 1975: the FHFA index
On FHFA's repeat-sales index, which sets 1975 = 100, Kentucky stood at 862 in 2025. In Q2 2026, that index was +4.7% on a year.
In the Census of Housing, owners reported Kentucky at $2,074 in 1940 and $86,700 in 2000.
| Census year | Kentucky median value | US median value |
|---|---|---|
| 1940 | $2,074 | $2,938 |
| 1950 | $5,283 | $7,354 |
| 1960 | $8,800 | $11,900 |
| 1970 | $12,600 | $17,000 |
| 1980 | $34,200 | $47,200 |
| 1990 | $50,500 | $79,100 |
| 2000 | $86,700 | $119,600 |
Inflation is not taken out of these figures. Census of Housing tables
Home prices in Kentucky by city
2 cities have pages of their own here, largest first:
| City | Value of a typical home | Change over 12 months | Multiple of the 2000 level |
|---|---|---|---|
| Louisville | $261,376 | +1.3% | ×2.46 |
| Lexington | $331,087 | +3.4% | ×2.53 |
| Bowling Green | $280,339 | +0.1% | |
| Owensboro | $213,413 | +4.8% | |
| Richmond | $299,053 | +1.2% | |
| Paducah | $192,711 | −1.2% | |
| Elizabethtown | $266,281 | −2.5% | |
| Florence | $287,887 | +0.7% | |
| Frankfort | $249,495 | 0% | |
| Georgetown | $342,064 | +4.0% | |
| London | $185,459 | −2.4% | |
| Nicholasville | $327,210 | +2.5% | |
| Covington | $217,214 | −0.2% | |
| Somerset | $198,176 | −0.7% | |
| Hopkinsville | $193,328 | +1.2% |
Zillow Home Value Index, September 2026.
Metro forecasts for where Kentucky prices are heading
The 12-month forecast is +2.9% according to Zillow's forecast dated September 2026 for the Lexington, KY metro:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Lexington, KY | +1.3% | +2.9% |
This is Zillow's estimate, not investment advice.
Living costs in Kentucky
Kentucky's overall price level is 90.2 (US 100). The breakdown: housing at 64.3, goods at 96.0, utilities at 75.3, and other services at 97.2 (BEA). Household income at the median is $64,526, and gross rent at the median is $998 a month (Census ACS 2024). Of homes, 68% are owner-occupied, and the median year built is 1983.
Every state: cost of living by state. For cities: Louisville.
How to read the chart
The first chart shows dollars, and its peak is $233,175 in June 2025. The second chart uses an index. Its Kentucky line ends at 862, meaning prices there are 8.6 times their level from 1975. Inflation adjustment applies to neither.