Market Overview
Home Prices in Knob Lick, KY
The median home value in Knob Lick, KY is $212,320 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and up 11.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Knob Lick are priced48% below average. Knob Lick is part of the Glasgow, KY metro area.
Over the past five years, Knob Lick home values have risen by approximately34.4%, reflecting strong long-term appreciation in this market.
Price History
Knob Lick Home Price Trend
City Comparison
Knob Lick vs. National Median
At $212,320, homes in Knob Lick cost 48% below the national median of $410,000. This makes Knob Lick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Knob Lick?
20% Down Payment
$42,464
on $212,320
Monthly P&I
$1,107/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,406/mo
incl. taxes & insurance
Income Needed
$56,240
gross annual (30% rule)
10% Down Option
$21,232
+ PMI applies
Loan Amount (20% dn)
$169,856
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 Knob Lick, KY?
The median home value in Knob Lick is $212,320 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Knob Lick?
Over the past year, home values in Knob Lick have decreased by 2.6%. Over five years, prices have risen approximately 34.4%.
How much do I need to earn to buy a home in Knob Lick?
To comfortably afford the median home price of $212,320 with a 20% down payment ($42,464) at today's rates (6.8%), you'd need a gross annual income of approximately $56,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Knob Lick compare to the national average home price?
The national median home value is approximately $410,000. At $212,320, homes in Knob Lick are 48% below the national average.
What metro area is Knob Lick part of?
Knob Lick is part of the Glasgow, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.