Market Overview
Home Prices in Boaz, KY
The median home value in Boaz, KY is $214,965 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 7.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Boaz are priced48% below average. Boaz is part of the Mayfield, KY metro area.
Over the past five years, Boaz home values have risen by approximately37.7%, reflecting strong long-term appreciation in this market.
Price History
Boaz Home Price Trend
2020
$131,956
$132K
—
2021
$156,107
$156K
+18.3%
2022
$181,855
$182K
+16.5%
2023
$188,935
$189K
+3.9%
2024
$192,958
$193K
+2.1%
2025
$208,208
$208K
+7.9%
2026
$214,965
$215K
+3.2%
City Comparison
Boaz vs. National Median
🏠 Boaz
$214,965
National Median
$410,000
At $214,965, homes in Boaz cost 48% below the national median of $410,000. This makes Boaz a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Boaz?
20% Down Payment
$42,993
on $214,965
Monthly P&I
$1,121/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,424/mo
incl. taxes & insurance
Income Needed
$56,960
gross annual (30% rule)
10% Down Option
$21,497
+ PMI applies
Loan Amount (20% dn)
$171,972
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 Boaz, KY?
The median home value in Boaz is $214,965 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Boaz?
Over the past year, home values in Boaz have increased by 3.2%. Over five years, prices have risen approximately 37.7%.
How much do I need to earn to buy a home in Boaz?
To comfortably afford the median home price of $214,965 with a 20% down payment ($42,993) at today's rates (6.8%), you'd need a gross annual income of approximately $56,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Boaz compare to the national average home price?
The national median home value is approximately $410,000. At $214,965, homes in Boaz are 48% below the national average.
What metro area is Boaz part of?
Boaz is part of the Mayfield, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.