Market Overview
Home Prices in Almo, KY
The median home value in Almo, KY is $188,042 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 10.5% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Almo are priced54% below average. Almo is part of the Murray, KY metro area.
Over the past five years, Almo home values have risen by approximately11.9%, reflecting steady appreciation in this market.
Price History
Almo Home Price Trend
2020
$144,837
$145K
—
2021
$168,062
$168K
+16.0%
2022
$184,639
$185K
+9.9%
2023
$193,454
$193K
+4.8%
2024
$203,140
$203K
+5.0%
2025
$210,000
$210K
+3.4%
2026
$188,042
$188K
-10.5%
City Comparison
Almo vs. National Median
🏠 Almo
$188,042
National Median
$410,000
At $188,042, homes in Almo cost 54% below the national median of $410,000. This makes Almo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Almo?
20% Down Payment
$37,608
on $188,042
Monthly P&I
$981/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,246/mo
incl. taxes & insurance
Income Needed
$49,840
gross annual (30% rule)
10% Down Option
$18,804
+ PMI applies
Loan Amount (20% dn)
$150,434
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Almo, KY?
The median home value in Almo is $188,042 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 10.5% year-over-year.
How much have home prices changed in Almo?
Over the past year, home values in Almo have decreased by 10.5%. Over five years, prices have risen approximately 11.9%.
How much do I need to earn to buy a home in Almo?
To comfortably afford the median home price of $188,042 with a 20% down payment ($37,608) at today's rates (6.8%), you'd need a gross annual income of approximately $49,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Almo compare to the national average home price?
The national median home value is approximately $410,000. At $188,042, homes in Almo are 54% below the national average.
What metro area is Almo part of?
Almo is part of the Murray, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.