Market Overview
Home Prices in Eminence, KY
The median home value in Eminence, KY is $231,255 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eminence are priced44% below average. Eminence is part of the Louisville/Jefferson County, KY-IN metro area.
Over the past five years, Eminence home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Eminence Home Price Trend
City Comparison
Eminence vs. National Median
At $231,255, homes in Eminence cost 44% below the national median of $410,000. This makes Eminence a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eminence?
20% Down Payment
$46,251
on $231,255
Monthly P&I
$1,206/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,532/mo
incl. taxes & insurance
Income Needed
$61,280
gross annual (30% rule)
10% Down Option
$23,126
+ PMI applies
Loan Amount (20% dn)
$185,004
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 Eminence, KY?
The median home value in Eminence is $231,255 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Eminence?
Over the past year, home values in Eminence have increased by 1%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Eminence?
To comfortably afford the median home price of $231,255 with a 20% down payment ($46,251) at today's rates (6.8%), you'd need a gross annual income of approximately $61,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Eminence compare to the national average home price?
The national median home value is approximately $410,000. At $231,255, homes in Eminence are 44% below the national average.
What metro area is Eminence part of?
Eminence is part of the Louisville/Jefferson County, KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.