Market Overview
Home Prices in Gilbertsville, KY
The median home value in Gilbertsville, KY is $245,354 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.8% compared to a year ago and up 10.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gilbertsville are priced40% below average.
Over the past five years, Gilbertsville home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Gilbertsville Home Price Trend
2020
$156,564
$157K
—
2021
$184,486
$184K
+17.8%
2022
$211,182
$211K
+14.5%
2023
$225,254
$225K
+6.7%
2024
$235,032
$235K
+4.3%
2025
$260,384
$260K
+10.8%
2026
$245,354
$245K
-5.8%
City Comparison
Gilbertsville vs. National Median
🏠 Gilbertsville
$245,354
National Median
$410,000
At $245,354, homes in Gilbertsville cost 40% below the national median of $410,000. This makes Gilbertsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gilbertsville?
20% Down Payment
$49,071
on $245,354
Monthly P&I
$1,280/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,626/mo
incl. taxes & insurance
Income Needed
$65,040
gross annual (30% rule)
10% Down Option
$24,535
+ PMI applies
Loan Amount (20% dn)
$196,283
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 Gilbertsville, KY?
The median home value in Gilbertsville is $245,354 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.8% year-over-year.
How much have home prices changed in Gilbertsville?
Over the past year, home values in Gilbertsville have decreased by 5.8%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Gilbertsville?
To comfortably afford the median home price of $245,354 with a 20% down payment ($49,071) at today's rates (6.8%), you'd need a gross annual income of approximately $65,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Gilbertsville compare to the national average home price?
The national median home value is approximately $410,000. At $245,354, homes in Gilbertsville are 40% below the national average.