Market Overview
Home Prices in Baxter, KY
The median home value in Baxter, KY is $98,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.9% compared to a year ago and up 13.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Baxter are priced76% below average.
Over the past five years, Baxter home values have risen by approximately35.5%, reflecting strong long-term appreciation in this market.
Price History
Baxter Home Price Trend
2020
$62,611
$63K
—
2021
$72,364
$72K
+15.6%
2022
$79,040
$79K
+9.2%
2023
$92,023
$92K
+16.4%
2024
$94,903
$95K
+3.1%
2025
$107,666
$108K
+13.4%
2026
$98,079
$98K
-8.9%
City Comparison
Baxter vs. National Median
🏠 Baxter
$98,079
National Median
$410,000
At $98,079, homes in Baxter cost 76% below the national median of $410,000. This makes Baxter a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Baxter?
20% Down Payment
$19,616
on $98,079
Monthly P&I
$512/mo
30-yr @ 6.8%
Total Monthly Est.
~$650/mo
incl. taxes & insurance
Income Needed
$26,000
gross annual (30% rule)
10% Down Option
$9,808
+ PMI applies
Loan Amount (20% dn)
$78,463
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 Baxter, KY?
The median home value in Baxter is $98,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.9% year-over-year.
How much have home prices changed in Baxter?
Over the past year, home values in Baxter have decreased by 8.9%. Over five years, prices have risen approximately 35.5%.
How much do I need to earn to buy a home in Baxter?
To comfortably afford the median home price of $98,079 with a 20% down payment ($19,616) at today's rates (6.8%), you'd need a gross annual income of approximately $26,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Baxter compare to the national average home price?
The national median home value is approximately $410,000. At $98,079, homes in Baxter are 76% below the national average.