Market Overview
Home Prices in Dexter, KY
The median home value in Dexter, KY is $131,137 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 22.7% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dexter are priced68% below average. Dexter is part of the Murray, KY metro area.
Over the past five years, Dexter home values have fallen by approximately36.3%, reflecting softening conditions in this market.
Price History
Dexter Home Price Trend
2020
$195,029
$195K
—
2021
$205,950
$206K
+5.6%
2022
$207,373
$207K
+0.7%
2023
$193,810
$194K
-6.5%
2024
$170,960
$171K
-11.8%
2025
$169,682
$170K
-0.7%
2026
$131,137
$131K
-22.7%
City Comparison
Dexter vs. National Median
🏠 Dexter
$131,137
National Median
$410,000
At $131,137, homes in Dexter cost 68% below the national median of $410,000. This makes Dexter a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dexter?
20% Down Payment
$26,227
on $131,137
Monthly P&I
$684/mo
30-yr @ 6.8%
Total Monthly Est.
~$869/mo
incl. taxes & insurance
Income Needed
$34,760
gross annual (30% rule)
10% Down Option
$13,114
+ PMI applies
Loan Amount (20% dn)
$104,910
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 Dexter, KY?
The median home value in Dexter is $131,137 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 22.7% year-over-year.
How much have home prices changed in Dexter?
Over the past year, home values in Dexter have decreased by 22.7%. Over five years, prices have fallen approximately 36.3%.
How much do I need to earn to buy a home in Dexter?
To comfortably afford the median home price of $131,137 with a 20% down payment ($26,227) at today's rates (6.8%), you'd need a gross annual income of approximately $34,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Dexter compare to the national average home price?
The national median home value is approximately $410,000. At $131,137, homes in Dexter are 68% below the national average.
What metro area is Dexter part of?
Dexter is part of the Murray, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.