Market Overview
Home Prices in Centertown, KY
The median home value in Centertown, KY is $135,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.8% compared to a year ago and up 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Centertown are priced67% below average.
Over the past five years, Centertown home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
Centertown Home Price Trend
2020
$118,346
$118K
—
2021
$108,237
$108K
-8.5%
2022
$121,942
$122K
+12.7%
2023
$124,515
$125K
+2.1%
2024
$135,975
$136K
+9.2%
2025
$144,939
$145K
+6.6%
2026
$135,055
$135K
-6.8%
City Comparison
Centertown vs. National Median
🏠 Centertown
$135,055
National Median
$410,000
At $135,055, homes in Centertown cost 67% below the national median of $410,000. This makes Centertown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Centertown?
20% Down Payment
$27,011
on $135,055
Monthly P&I
$704/mo
30-yr @ 6.8%
Total Monthly Est.
~$894/mo
incl. taxes & insurance
Income Needed
$35,760
gross annual (30% rule)
10% Down Option
$13,506
+ PMI applies
Loan Amount (20% dn)
$108,044
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 Centertown, KY?
The median home value in Centertown is $135,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.8% year-over-year.
How much have home prices changed in Centertown?
Over the past year, home values in Centertown have decreased by 6.8%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in Centertown?
To comfortably afford the median home price of $135,055 with a 20% down payment ($27,011) at today's rates (6.8%), you'd need a gross annual income of approximately $35,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Centertown compare to the national average home price?
The national median home value is approximately $410,000. At $135,055, homes in Centertown are 67% below the national average.