Market Overview
Home Prices in Grand Rivers, KY
The median home value in Grand Rivers, KY is $170,440 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.4% compared to a year ago and up 10.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grand Rivers are priced58% below average. Grand Rivers is part of the Paducah, KY-IL metro area.
Over the past five years, Grand Rivers home values have risen by approximately31.4%, reflecting strong long-term appreciation in this market.
Price History
Grand Rivers Home Price Trend
City Comparison
Grand Rivers vs. National Median
At $170,440, homes in Grand Rivers cost 58% below the national median of $410,000. This makes Grand Rivers a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grand Rivers?
20% Down Payment
$34,088
on $170,440
Monthly P&I
$889/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,129/mo
incl. taxes & insurance
Income Needed
$45,160
gross annual (30% rule)
10% Down Option
$17,044
+ PMI applies
Loan Amount (20% dn)
$136,352
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 Grand Rivers, KY?
The median home value in Grand Rivers is $170,440 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.4% year-over-year.
How much have home prices changed in Grand Rivers?
Over the past year, home values in Grand Rivers have decreased by 8.4%. Over five years, prices have risen approximately 31.4%.
How much do I need to earn to buy a home in Grand Rivers?
To comfortably afford the median home price of $170,440 with a 20% down payment ($34,088) at today's rates (6.8%), you'd need a gross annual income of approximately $45,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Grand Rivers compare to the national average home price?
The national median home value is approximately $410,000. At $170,440, homes in Grand Rivers are 58% below the national average.
What metro area is Grand Rivers part of?
Grand Rivers is part of the Paducah, KY-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.