Market Overview
Home Prices in Cromwell, KY
The median home value in Cromwell, KY is $133,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and up 12.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cromwell are priced67% below average.
Over the past five years, Cromwell home values have risen by approximately21.0%, reflecting strong long-term appreciation in this market.
Price History
Cromwell Home Price Trend
2020
$110,888
$111K
—
2021
$110,137
$110K
-0.7%
2022
$120,233
$120K
+9.2%
2023
$117,922
$118K
-1.9%
2024
$119,195
$119K
+1.1%
2025
$134,133
$134K
+12.5%
2026
$133,286
$133K
-0.6%
City Comparison
Cromwell vs. National Median
🏠 Cromwell
$133,286
National Median
$410,000
At $133,286, homes in Cromwell cost 67% below the national median of $410,000. This makes Cromwell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cromwell?
20% Down Payment
$26,657
on $133,286
Monthly P&I
$695/mo
30-yr @ 6.8%
Total Monthly Est.
~$883/mo
incl. taxes & insurance
Income Needed
$35,320
gross annual (30% rule)
10% Down Option
$13,329
+ PMI applies
Loan Amount (20% dn)
$106,629
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 Cromwell, KY?
The median home value in Cromwell is $133,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Cromwell?
Over the past year, home values in Cromwell have decreased by 0.6%. Over five years, prices have risen approximately 21.0%.
How much do I need to earn to buy a home in Cromwell?
To comfortably afford the median home price of $133,286 with a 20% down payment ($26,657) at today's rates (6.8%), you'd need a gross annual income of approximately $35,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Cromwell compare to the national average home price?
The national median home value is approximately $410,000. At $133,286, homes in Cromwell are 67% below the national average.