Market Overview
Home Prices in Gracey, KY
The median home value in Gracey, KY is $221,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 8.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gracey are priced46% below average. Gracey is part of the Clarksville, TN-KY metro area.
Over the past five years, Gracey home values have risen by approximately44.3%, reflecting strong long-term appreciation in this market.
Price History
Gracey Home Price Trend
City Comparison
Gracey vs. National Median
At $221,148, homes in Gracey cost 46% below the national median of $410,000. This makes Gracey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gracey?
20% Down Payment
$44,230
on $221,148
Monthly P&I
$1,153/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,464/mo
incl. taxes & insurance
Income Needed
$58,560
gross annual (30% rule)
10% Down Option
$22,115
+ PMI applies
Loan Amount (20% dn)
$176,918
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 Gracey, KY?
The median home value in Gracey is $221,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Gracey?
Over the past year, home values in Gracey have decreased by 0.7%. Over five years, prices have risen approximately 44.3%.
How much do I need to earn to buy a home in Gracey?
To comfortably afford the median home price of $221,148 with a 20% down payment ($44,230) at today's rates (6.8%), you'd need a gross annual income of approximately $58,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Gracey compare to the national average home price?
The national median home value is approximately $410,000. At $221,148, homes in Gracey are 46% below the national average.
What metro area is Gracey part of?
Gracey is part of the Clarksville, TN-KY metropolitan area. Home prices and market conditions can vary across the broader metro region.