Market Overview
Home Prices in Dema, KY
The median home value in Dema, KY is $56,259 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 22.5% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dema are priced86% below average.
Over the past five years, Dema home values have risen by approximately5.7%, reflecting steady appreciation in this market.
Price History
Dema Home Price Trend
2020
$42,619
$43K
—
2021
$53,213
$53K
+24.9%
2022
$61,291
$61K
+15.2%
2023
$66,250
$66K
+8.1%
2024
$68,456
$68K
+3.3%
2025
$72,613
$73K
+6.1%
2026
$56,259
$56K
-22.5%
City Comparison
Dema vs. National Median
🏠 Dema
$56,259
National Median
$410,000
At $56,259, homes in Dema cost 86% below the national median of $410,000. This makes Dema a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dema?
20% Down Payment
$11,252
on $56,259
Monthly P&I
$293/mo
30-yr @ 6.8%
Total Monthly Est.
~$372/mo
incl. taxes & insurance
Income Needed
$14,880
gross annual (30% rule)
10% Down Option
$5,626
+ PMI applies
Loan Amount (20% dn)
$45,007
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 Dema, KY?
The median home value in Dema is $56,259 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 22.5% year-over-year.
How much have home prices changed in Dema?
Over the past year, home values in Dema have decreased by 22.5%. Over five years, prices have risen approximately 5.7%.
How much do I need to earn to buy a home in Dema?
To comfortably afford the median home price of $56,259 with a 20% down payment ($11,252) at today's rates (6.8%), you'd need a gross annual income of approximately $14,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Dema compare to the national average home price?
The national median home value is approximately $410,000. At $56,259, homes in Dema are 86% below the national average.