Market Overview
Home Prices in Fleming-Neon, KY
The median home value in Fleming-Neon, KY is $52,898 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 28.9% compared to a year ago and down 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fleming-Neon are priced87% below average.
Over the past five years, Fleming-Neon home values have fallen by approximately24.3%, reflecting softening conditions in this market.
Price History
Fleming-Neon Home Price Trend
2020
$64,416
$64K
—
2021
$69,866
$70K
+8.5%
2022
$69,610
$70K
-0.4%
2023
$73,618
$74K
+5.8%
2024
$78,661
$79K
+6.9%
2025
$74,360
$74K
-5.5%
2026
$52,898
$53K
-28.9%
City Comparison
Fleming-Neon vs. National Median
🏠 Fleming-Neon
$52,898
National Median
$410,000
At $52,898, homes in Fleming-Neon cost 87% below the national median of $410,000. This makes Fleming-Neon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fleming-Neon?
20% Down Payment
$10,580
on $52,898
Monthly P&I
$276/mo
30-yr @ 6.8%
Total Monthly Est.
~$351/mo
incl. taxes & insurance
Income Needed
$14,040
gross annual (30% rule)
10% Down Option
$5,290
+ PMI applies
Loan Amount (20% dn)
$42,318
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 Fleming-Neon, KY?
The median home value in Fleming-Neon is $52,898 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 28.9% year-over-year.
How much have home prices changed in Fleming-Neon?
Over the past year, home values in Fleming-Neon have decreased by 28.9%. Over five years, prices have fallen approximately 24.3%.
How much do I need to earn to buy a home in Fleming-Neon?
To comfortably afford the median home price of $52,898 with a 20% down payment ($10,580) at today's rates (6.8%), you'd need a gross annual income of approximately $14,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Fleming-Neon compare to the national average home price?
The national median home value is approximately $410,000. At $52,898, homes in Fleming-Neon are 87% below the national average.