Market Overview
Home Prices in Belfry, KY
The median home value in Belfry, KY is $84,978 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 15.9% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belfry are priced79% below average.
Over the past five years, Belfry home values have fallen by approximately10.4%, reflecting softening conditions in this market.
Price History
Belfry Home Price Trend
2020
$78,442
$78K
—
2021
$94,869
$95K
+20.9%
2022
$108,181
$108K
+14.0%
2023
$98,196
$98K
-9.2%
2024
$102,916
$103K
+4.8%
2025
$101,059
$101K
-1.8%
2026
$84,978
$85K
-15.9%
City Comparison
Belfry vs. National Median
🏠 Belfry
$84,978
National Median
$410,000
At $84,978, homes in Belfry cost 79% below the national median of $410,000. This makes Belfry a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Belfry?
20% Down Payment
$16,996
on $84,978
Monthly P&I
$443/mo
30-yr @ 6.8%
Total Monthly Est.
~$563/mo
incl. taxes & insurance
Income Needed
$22,520
gross annual (30% rule)
10% Down Option
$8,498
+ PMI applies
Loan Amount (20% dn)
$67,982
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 Belfry, KY?
The median home value in Belfry is $84,978 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 15.9% year-over-year.
How much have home prices changed in Belfry?
Over the past year, home values in Belfry have decreased by 15.9%. Over five years, prices have fallen approximately 10.4%.
How much do I need to earn to buy a home in Belfry?
To comfortably afford the median home price of $84,978 with a 20% down payment ($16,996) at today's rates (6.8%), you'd need a gross annual income of approximately $22,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Belfry compare to the national average home price?
The national median home value is approximately $410,000. At $84,978, homes in Belfry are 79% below the national average.