Market Overview
Home Prices in Falls of Rough, KY
The median home value in Falls of Rough, KY is $140,903 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.9% compared to a year ago and up 13.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Falls of Rough are priced66% below average.
Over the past five years, Falls of Rough home values have risen by approximately23.5%, reflecting strong long-term appreciation in this market.
Price History
Falls of Rough Home Price Trend
2020
$93,987
$94K
—
2021
$114,108
$114K
+21.4%
2022
$125,195
$125K
+9.7%
2023
$129,328
$129K
+3.3%
2024
$137,365
$137K
+6.2%
2025
$156,426
$156K
+13.9%
2026
$140,903
$141K
-9.9%
City Comparison
Falls of Rough vs. National Median
🏠 Falls of Rough
$140,903
National Median
$410,000
At $140,903, homes in Falls of Rough cost 66% below the national median of $410,000. This makes Falls of Rough a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Falls of Rough?
20% Down Payment
$28,181
on $140,903
Monthly P&I
$735/mo
30-yr @ 6.8%
Total Monthly Est.
~$933/mo
incl. taxes & insurance
Income Needed
$37,320
gross annual (30% rule)
10% Down Option
$14,090
+ PMI applies
Loan Amount (20% dn)
$112,722
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 Falls of Rough, KY?
The median home value in Falls of Rough is $140,903 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.9% year-over-year.
How much have home prices changed in Falls of Rough?
Over the past year, home values in Falls of Rough have decreased by 9.9%. Over five years, prices have risen approximately 23.5%.
How much do I need to earn to buy a home in Falls of Rough?
To comfortably afford the median home price of $140,903 with a 20% down payment ($28,181) at today's rates (6.8%), you'd need a gross annual income of approximately $37,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Falls of Rough compare to the national average home price?
The national median home value is approximately $410,000. At $140,903, homes in Falls of Rough are 66% below the national average.