Market Overview
Home Prices in Crestwood, KY
The median home value in Crestwood, KY is $493,290 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Crestwood are priced20% above average. Crestwood is part of the Louisville/Jefferson County, KY-IN metro area.
Over the past five years, Crestwood home values have risen by approximately27.3%, reflecting strong long-term appreciation in this market.
Price History
Crestwood Home Price Trend
City Comparison
Crestwood vs. National Median
At $493,290, homes in Crestwood cost 20% above the national median of $410,000. Buyers in Crestwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Crestwood?
20% Down Payment
$98,658
on $493,290
Monthly P&I
$2,573/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,268/mo
incl. taxes & insurance
Income Needed
$130,720
gross annual (30% rule)
10% Down Option
$49,329
+ PMI applies
Loan Amount (20% dn)
$394,632
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 Crestwood, KY?
The median home value in Crestwood is $493,290 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Crestwood?
Over the past year, home values in Crestwood have increased by 2.6%. Over five years, prices have risen approximately 27.3%.
How much do I need to earn to buy a home in Crestwood?
To comfortably afford the median home price of $493,290 with a 20% down payment ($98,658) at today's rates (6.8%), you'd need a gross annual income of approximately $130,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Crestwood compare to the national average home price?
The national median home value is approximately $410,000. At $493,290, homes in Crestwood are 20% above the national average.
What metro area is Crestwood part of?
Crestwood is part of the Louisville/Jefferson County, KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.