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Cost of homeownership in Kentucky

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$139,648
Avg property tax
$1,050
Homeownership rate
73.1%
1yr appreciation
2.4%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Oldham County$357,500
  2. 2.Spencer County$288,200
  3. 3.Woodford County$259,100
  4. 4.Fayette County$247,900
  5. 5.Shelby County$247,500
  6. 6.Scott County$240,800
  7. 7.Boone County$237,600
  8. 8.Warren County$227,300
  9. 9.Jessamine County$226,900
  10. 10.Jefferson County$222,200

Most affordable counties

  1. 1.Hickman County9.0%
  2. 2.Knott County11.0%
  3. 3.Hancock County12.2%
  4. 4.Martin County12.4%
  5. 5.Casey County12.9%
  6. 6.Nicholas County12.9%
  7. 7.McLean County13.0%
  8. 8.Ohio County13.1%
  9. 9.Clinton County13.1%
  10. 10.Taylor County13.3%
Avg electricity
13.2¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,430

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Kentucky

Frequently asked questions

How much does it cost to own a home in Kentucky?

Based on Census ACS, the state average home value in Kentucky is $139,648, with median annual property tax around $1,050. Your actual cost depends on county and property.

What is the property tax in Kentucky?

Property tax rates vary by county. Kentucky's state average sits at roughly $1,050 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Kentucky?

FHFA House Price Index data shows Kentucky appreciating 2.4% over the last year and 44.6% over the last five years.

Is homeownership high in Kentucky?

Kentucky's homeownership rate is 73.1% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.