Kentucky Home Prices & Values

$127,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8% 1-year change
  • 1.0% 1-year forecast

The median home value in Kentucky is $127,300. Kentucky home values have gone up 1.8% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Kentucky is $93. The median price of homes currently listed in Kentucky is $149,900 while the median price of homes that sold is $151,850. The median rent price in Kentucky is $850.

Foreclosures will be a factor impacting home values in the next several years. In Kentucky 0.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kentucky is 3.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kentucky homeowners underwater on their mortgage is 13.0%.

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Relative ZHVI
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Kentucky Market Overview

Data through Aug 31, 2014
  • $127,300 ZHVI
  • 1.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $149,900 Median listing price
  • $151,850 Median sale price
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Kentucky Market Health

Data through Aug 31, 2014
  • 8.5/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No recent data Average days on Zillow
  • 13.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.5 homes Kentucky
4.3 homes United States
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Cities in Kentucky

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Georgetown $151,600 Lexington $145,300 Elizabethtown $133,700
Nicholasville $124,500 Hopkinsville $105,000 Louisville $91,500
Covington $85,400    

Listings & Sales

Data through Aug 31, 2014
  • $93 Median list price / sq ft
  • $101 Median sale price / sq ft
  • 38.5% Listings with price cut
25.0%
Sold below listing
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Kentucky Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$982 Kentucky
$1,328 United States
  • No data Breakeven horizon
  • $850 Rent list price
  • $0.77 Rent list price / sq ft
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