Market Overview
Home Prices in Elk Horn, KY
The median home value in Elk Horn, KY is $229,689 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 12.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elk Horn are priced44% below average. Elk Horn is part of the Campbellsville, KY metro area.
Over the past five years, Elk Horn home values have risen by approximately45.0%, reflecting strong long-term appreciation in this market.
Price History
Elk Horn Home Price Trend
City Comparison
Elk Horn vs. National Median
At $229,689, homes in Elk Horn cost 44% below the national median of $410,000. This makes Elk Horn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elk Horn?
20% Down Payment
$45,938
on $229,689
Monthly P&I
$1,198/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,521/mo
incl. taxes & insurance
Income Needed
$60,840
gross annual (30% rule)
10% Down Option
$22,969
+ PMI applies
Loan Amount (20% dn)
$183,751
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 Elk Horn, KY?
The median home value in Elk Horn is $229,689 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Elk Horn?
Over the past year, home values in Elk Horn have decreased by 0.5%. Over five years, prices have risen approximately 45.0%.
How much do I need to earn to buy a home in Elk Horn?
To comfortably afford the median home price of $229,689 with a 20% down payment ($45,938) at today's rates (6.8%), you'd need a gross annual income of approximately $60,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Elk Horn compare to the national average home price?
The national median home value is approximately $410,000. At $229,689, homes in Elk Horn are 44% below the national average.
What metro area is Elk Horn part of?
Elk Horn is part of the Campbellsville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.