Market Overview
Home Prices in Knifley, KY
The median home value in Knifley, KY is $145,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 13.4% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Knifley are priced64% below average.
Over the past five years, Knifley home values have risen by approximately11.4%, reflecting steady appreciation in this market.
Price History
Knifley Home Price Trend
2020
$102,052
$102K
—
2021
$130,986
$131K
+28.4%
2022
$157,144
$157K
+20.0%
2023
$164,746
$165K
+4.8%
2024
$161,445
$161K
-2.0%
2025
$168,597
$169K
+4.4%
2026
$145,921
$146K
-13.4%
City Comparison
Knifley vs. National Median
🏠 Knifley
$145,921
National Median
$410,000
At $145,921, homes in Knifley cost 64% below the national median of $410,000. This makes Knifley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Knifley?
20% Down Payment
$29,184
on $145,921
Monthly P&I
$761/mo
30-yr @ 6.8%
Total Monthly Est.
~$966/mo
incl. taxes & insurance
Income Needed
$38,640
gross annual (30% rule)
10% Down Option
$14,592
+ PMI applies
Loan Amount (20% dn)
$116,737
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 Knifley, KY?
The median home value in Knifley is $145,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 13.4% year-over-year.
How much have home prices changed in Knifley?
Over the past year, home values in Knifley have decreased by 13.4%. Over five years, prices have risen approximately 11.4%.
How much do I need to earn to buy a home in Knifley?
To comfortably afford the median home price of $145,921 with a 20% down payment ($29,184) at today's rates (6.8%), you'd need a gross annual income of approximately $38,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Knifley compare to the national average home price?
The national median home value is approximately $410,000. At $145,921, homes in Knifley are 64% below the national average.