Market Overview
Home Prices in Blackey, KY
The median home value in Blackey, KY is $62,190 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 34.6% compared to a year ago and down 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blackey are priced85% below average.
Over the past five years, Blackey home values have fallen by approximately52.1%, reflecting softening conditions in this market.
Price History
Blackey Home Price Trend
2020
$110,025
$110K
—
2021
$129,968
$130K
+18.1%
2022
$115,687
$116K
-11.0%
2023
$112,829
$113K
-2.5%
2024
$102,716
$103K
-9.0%
2025
$95,136
$95K
-7.4%
2026
$62,190
$62K
-34.6%
City Comparison
Blackey vs. National Median
🏠 Blackey
$62,190
National Median
$410,000
At $62,190, homes in Blackey cost 85% below the national median of $410,000. This makes Blackey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blackey?
20% Down Payment
$12,438
on $62,190
Monthly P&I
$324/mo
30-yr @ 6.8%
Total Monthly Est.
~$411/mo
incl. taxes & insurance
Income Needed
$16,440
gross annual (30% rule)
10% Down Option
$6,219
+ PMI applies
Loan Amount (20% dn)
$49,752
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 Blackey, KY?
The median home value in Blackey is $62,190 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 34.6% year-over-year.
How much have home prices changed in Blackey?
Over the past year, home values in Blackey have decreased by 34.6%. Over five years, prices have fallen approximately 52.1%.
How much do I need to earn to buy a home in Blackey?
To comfortably afford the median home price of $62,190 with a 20% down payment ($12,438) at today's rates (6.8%), you'd need a gross annual income of approximately $16,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Blackey compare to the national average home price?
The national median home value is approximately $410,000. At $62,190, homes in Blackey are 85% below the national average.