Market Overview
Home Prices in Burnside, KY
The median home value in Burnside, KY is $116,600 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 15.9% compared to a year ago and down 13.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burnside are priced72% below average. Burnside is part of the Somerset, KY metro area.
Over the past five years, Burnside home values have fallen by approximately17.9%, reflecting softening conditions in this market.
Price History
Burnside Home Price Trend
City Comparison
Burnside vs. National Median
At $116,600, homes in Burnside cost 72% below the national median of $410,000. This makes Burnside a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Burnside?
20% Down Payment
$23,320
on $116,600
Monthly P&I
$608/mo
30-yr @ 6.8%
Total Monthly Est.
~$772/mo
incl. taxes & insurance
Income Needed
$30,880
gross annual (30% rule)
10% Down Option
$11,660
+ PMI applies
Loan Amount (20% dn)
$93,280
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 Burnside, KY?
The median home value in Burnside is $116,600 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 Burnside?
Over the past year, home values in Burnside have decreased by 15.9%. Over five years, prices have fallen approximately 17.9%.
How much do I need to earn to buy a home in Burnside?
To comfortably afford the median home price of $116,600 with a 20% down payment ($23,320) at today's rates (6.8%), you'd need a gross annual income of approximately $30,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Burnside compare to the national average home price?
The national median home value is approximately $410,000. At $116,600, homes in Burnside are 72% below the national average.
What metro area is Burnside part of?
Burnside is part of the Somerset, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.