Market Overview
Home Prices in Fredonia, KY
The median home value in Fredonia, KY is $166,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 10.3% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fredonia are priced59% below average.
Over the past five years, Fredonia home values have risen by approximately14.8%, reflecting steady appreciation in this market.
Price History
Fredonia Home Price Trend
2020
$125,995
$126K
—
2021
$145,423
$145K
+15.4%
2022
$167,278
$167K
+15.0%
2023
$174,245
$174K
+4.2%
2024
$182,484
$182K
+4.7%
2025
$186,166
$186K
+2.0%
2026
$166,955
$167K
-10.3%
City Comparison
Fredonia vs. National Median
🏠 Fredonia
$166,955
National Median
$410,000
At $166,955, homes in Fredonia cost 59% below the national median of $410,000. This makes Fredonia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fredonia?
20% Down Payment
$33,391
on $166,955
Monthly P&I
$871/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,106/mo
incl. taxes & insurance
Income Needed
$44,240
gross annual (30% rule)
10% Down Option
$16,696
+ PMI applies
Loan Amount (20% dn)
$133,564
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 Fredonia, KY?
The median home value in Fredonia is $166,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 10.3% year-over-year.
How much have home prices changed in Fredonia?
Over the past year, home values in Fredonia have decreased by 10.3%. Over five years, prices have risen approximately 14.8%.
How much do I need to earn to buy a home in Fredonia?
To comfortably afford the median home price of $166,955 with a 20% down payment ($33,391) at today's rates (6.8%), you'd need a gross annual income of approximately $44,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Fredonia compare to the national average home price?
The national median home value is approximately $410,000. At $166,955, homes in Fredonia are 59% below the national average.