Market Overview
Home Prices in Hazard, KY
The median home value in Hazard, KY is $104,527 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.7% compared to a year ago and up 13.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hazard are priced75% below average.
Over the past five years, Hazard home values have risen by approximately20.0%, reflecting steady appreciation in this market.
Price History
Hazard Home Price Trend
2020
$77,833
$78K
—
2021
$87,082
$87K
+11.9%
2022
$99,768
$100K
+14.6%
2023
$97,016
$97K
-2.8%
2024
$102,250
$102K
+5.4%
2025
$115,737
$116K
+13.2%
2026
$104,527
$105K
-9.7%
City Comparison
Hazard vs. National Median
🏠 Hazard
$104,527
National Median
$410,000
At $104,527, homes in Hazard cost 75% below the national median of $410,000. This makes Hazard a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hazard?
20% Down Payment
$20,905
on $104,527
Monthly P&I
$545/mo
30-yr @ 6.8%
Total Monthly Est.
~$692/mo
incl. taxes & insurance
Income Needed
$27,680
gross annual (30% rule)
10% Down Option
$10,453
+ PMI applies
Loan Amount (20% dn)
$83,622
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 Hazard, KY?
The median home value in Hazard is $104,527 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.7% year-over-year.
How much have home prices changed in Hazard?
Over the past year, home values in Hazard have decreased by 9.7%. Over five years, prices have risen approximately 20.0%.
How much do I need to earn to buy a home in Hazard?
To comfortably afford the median home price of $104,527 with a 20% down payment ($20,905) at today's rates (6.8%), you'd need a gross annual income of approximately $27,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Hazard compare to the national average home price?
The national median home value is approximately $410,000. At $104,527, homes in Hazard are 75% below the national average.