Market Overview
Home Prices in Hazel, KY
The median home value in Hazel, KY is $153,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.7% compared to a year ago and up 10.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hazel are priced63% below average. Hazel is part of the Murray, KY metro area.
Over the past five years, Hazel home values have risen by approximately13.9%, reflecting steady appreciation in this market.
Price History
Hazel Home Price Trend
2020
$110,377
$110K
—
2021
$134,456
$134K
+21.8%
2022
$154,767
$155K
+15.1%
2023
$156,517
$157K
+1.1%
2024
$153,904
$154K
-1.7%
2025
$169,621
$170K
+10.2%
2026
$153,153
$153K
-9.7%
City Comparison
Hazel vs. National Median
🏠 Hazel
$153,153
National Median
$410,000
At $153,153, homes in Hazel cost 63% below the national median of $410,000. This makes Hazel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hazel?
20% Down Payment
$30,631
on $153,153
Monthly P&I
$799/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,015/mo
incl. taxes & insurance
Income Needed
$40,600
gross annual (30% rule)
10% Down Option
$15,315
+ PMI applies
Loan Amount (20% dn)
$122,522
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 Hazel, KY?
The median home value in Hazel is $153,153 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 Hazel?
Over the past year, home values in Hazel have decreased by 9.7%. Over five years, prices have risen approximately 13.9%.
How much do I need to earn to buy a home in Hazel?
To comfortably afford the median home price of $153,153 with a 20% down payment ($30,631) at today's rates (6.8%), you'd need a gross annual income of approximately $40,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Hazel compare to the national average home price?
The national median home value is approximately $410,000. At $153,153, homes in Hazel are 63% below the national average.
What metro area is Hazel part of?
Hazel is part of the Murray, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.