Market Overview
Home Prices in Essie, KY
The median home value in Essie, KY is $91,633 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 20.6% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Essie are priced78% below average. Essie is part of the London, KY metro area.
Over the past five years, Essie home values have risen by approximately0.3%, reflecting modest growth in this market.
Price History
Essie Home Price Trend
2020
$67,580
$68K
—
2021
$91,389
$91K
+35.2%
2022
$109,367
$109K
+19.7%
2023
$106,934
$107K
-2.2%
2024
$110,911
$111K
+3.7%
2025
$115,403
$115K
+4.1%
2026
$91,633
$92K
-20.6%
City Comparison
Essie vs. National Median
🏠 Essie
$91,633
National Median
$410,000
At $91,633, homes in Essie cost 78% below the national median of $410,000. This makes Essie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Essie?
20% Down Payment
$18,327
on $91,633
Monthly P&I
$478/mo
30-yr @ 6.8%
Total Monthly Est.
~$607/mo
incl. taxes & insurance
Income Needed
$24,280
gross annual (30% rule)
10% Down Option
$9,163
+ PMI applies
Loan Amount (20% dn)
$73,306
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 Essie, KY?
The median home value in Essie is $91,633 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 20.6% year-over-year.
How much have home prices changed in Essie?
Over the past year, home values in Essie have decreased by 20.6%. Over five years, prices have risen approximately 0.3%.
How much do I need to earn to buy a home in Essie?
To comfortably afford the median home price of $91,633 with a 20% down payment ($18,327) at today's rates (6.8%), you'd need a gross annual income of approximately $24,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Essie compare to the national average home price?
The national median home value is approximately $410,000. At $91,633, homes in Essie are 78% below the national average.
What metro area is Essie part of?
Essie is part of the London, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.