Kentucky Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Kentucky?
The Kentucky housing market is showing balanced conditions.
home values have grown a moderate 1.7% year-over-year. there are currently 502 homes on the market.
Median Home Value
$224,468
Zillow Home Value Index
Year-over-Year
+1.7%
Home value change
5-Year Change
+34.4%
Since 2021
Median Rent
$1,169/mo
Zillow Observed Rent Index
Active Listings
502
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Kentucky vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Kentucky: $1,169/mo (+4.7% YoY)
Rent vs. Buy Analysis
With a median home value of $224,468 and average rent of $1,169/mo, the price-to-rent ratio in Kentucky is 16.0. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Kentucky
Explore housing data for 12 metro areas in Kentucky. Click any market for detailed trends and analysis.
Lexington, KY
$312,718
Avg rent: $1,241/mo
Louisville, KY
$269,643
Avg rent: $1,352/mo
Bowling Green, KY
$258,939
Avg rent: $1,239/mo
Bardstown, KY
$257,915
Avg rent: $1,144/mo
Richmond, KY
$254,392
Frankfort, KY
$244,002
Avg rent: $896/mo
Elizabethtown, KY
$243,315
Avg rent: $1,282/mo
Danville, KY
$202,744
Owensboro, KY
$202,302
Avg rent: $1,369/mo
Glasgow, KY
$200,691
Avg rent: $1,025/mo
Campbellsville, KY
$192,948
Mount Sterling, KY
$183,009
Avg rent: $1,054/mo
Continue Learning About Kentucky
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.