Kentucky housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means fo
Kentucky is currently a balanced market. The median sale price sits near $238,000, up 3.8% from a year ago, with roughly 20,209 active listings and 3.5 months of supply. Homes are going under contract in about 24 days on average.
Kentucky's median sale price of $238,000 is 43.2% below the $419,300 national median, which places it 44 of 51 states by price level. Year-over-year appreciation of 3.8% ranks 21 of 51, so Kentucky is currently a faster-appreciating state relative to the rest of the country.
Inside the South region, the median state price is $289,500, so Kentucky runs 17.8% cheaper than its regional peers — the closest comparisons are Virginia at $419,000, Florida at $412,000, North Carolina at $372,000, Tennessee at $372,000. That gap matters for loan sizing: at the same rate, a Kentucky file carries roughly $51,500 less balance than the regional median, which changes qualifying income and the value of a rate-and-term option.
No individual Kentucky metro is broken out in this dataset, so the state figure is the most granular number we publish here. For submarket detail, work from county records and your MLS rather than treating the Kentucky median as a local comp.
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Kentucky is currently a balanced market. The median sale price sits near $238,000, up 3.8% from a year ago, with roughly 20,209 active listings and 3.5 months of supply. Homes are going under contract in about 24 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Kentucky runs about $1,644 per month including taxes and insurance, against a median rent near $955. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is close to balance, with price reductions on about 32% of active listings. Builder incentives are selective, and permits are running near 21,713 annualized units.
For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.
Kentucky currently reads as a balanced market with 3.5 months of supply. Balanced is generally considered four to six months, so this market is close to balance.
The median sale price is approximately $238,000 as of 7/24/2026, up 3.8% from a year earlier.
No. Median prices are up about 3.8% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.
The typical down payment on a closed transaction is near $26,723, and the resulting payment at the current national average 30-year fixed rate is roughly $1,644 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is +2.2% to +5.6% on median price. Confidence is moderate; the rate path is the dominant variable.
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