Market Overview
Home Prices in Canada, KY
The median home value in Canada, KY is $97,063 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.8% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Canada are priced76% below average.
Over the past five years, Canada home values have risen by approximately15.1%, reflecting steady appreciation in this market.
Price History
Canada Home Price Trend
2020
$72,656
$73K
—
2021
$84,313
$84K
+16.0%
2022
$97,990
$98K
+16.2%
2023
$100,957
$101K
+3.0%
2024
$109,246
$109K
+8.2%
2025
$111,342
$111K
+1.9%
2026
$97,063
$97K
-12.8%
City Comparison
Canada vs. National Median
🏠 Canada
$97,063
National Median
$410,000
At $97,063, homes in Canada cost 76% below the national median of $410,000. This makes Canada a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Canada?
20% Down Payment
$19,413
on $97,063
Monthly P&I
$506/mo
30-yr @ 6.8%
Total Monthly Est.
~$643/mo
incl. taxes & insurance
Income Needed
$25,720
gross annual (30% rule)
10% Down Option
$9,706
+ PMI applies
Loan Amount (20% dn)
$77,650
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 Canada, KY?
The median home value in Canada is $97,063 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.8% year-over-year.
How much have home prices changed in Canada?
Over the past year, home values in Canada have decreased by 12.8%. Over five years, prices have risen approximately 15.1%.
How much do I need to earn to buy a home in Canada?
To comfortably afford the median home price of $97,063 with a 20% down payment ($19,413) at today's rates (6.8%), you'd need a gross annual income of approximately $25,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Canada compare to the national average home price?
The national median home value is approximately $410,000. At $97,063, homes in Canada are 76% below the national average.