Kentucky Affordability
How affordable is Kentucky real estate?
Public Record + Census ACS
Median Home Price
$327.7K
Median Household Income
$60,183
Affordability Index
5.44
vs National Avg
-20.2%
Cities in Kentucky by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Corbin | $155.3K | 2.58 |
| 2 | Paducah | $217K | 3.61 |
| 3 | Radcliff | $219.2K | 3.64 |
| 4 | Owensboro | $237.6K | 3.95 |
| 5 | Mount Sterling | $239.4K | 3.98 |
| 6 | Somerset | $241.1K | 4.01 |
| 7 | Bowling Green | $243.1K | 4.04 |
| 8 | Harrodsburg | $249.7K | 4.15 |
| 9 | Berea | $253.5K | 4.21 |
| 10 | Ashland | $256.9K | 4.27 |
| 11 | Independence | $269.9K | 4.48 |
| 12 | Covington | $270.7K | 4.50 |
| 13 | Shepherdsville | $282.6K | 4.70 |
| 14 | Lawrenceburg | $283.4K | 4.71 |
| 15 | Brandenburg | $291.7K | 4.85 |
| 16 | Shelbyville | $299.3K | 4.97 |
| 17 | Alexandria | $300.2K | 4.99 |
| 18 | Bardstown | $309.7K | 5.15 |
| 19 | Benton | $311.8K | 5.18 |
| 20 | Georgetown | $331.3K | 5.50 |
| 21 | Pikeville | $346.6K | 5.76 |
| 22 | Elizabethtown | $352.4K | 5.86 |
| 23 | Louisville | $355.5K | 5.91 |
| 24 | Frankfort | $362.4K | 6.02 |
| 25 | Winchester | $380.4K | 6.32 |
| 26 | Lexington | $389.5K | 6.47 |
| 27 | Richmond | $395.7K | 6.58 |
| 28 | Murray | $476.1K | 7.91 |
| 29 | Nicholasville | $482.5K | 8.02 |
| 30 | Union | $572.3K | 9.51 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.