Market Overview
Home Prices in London, KY
The median home value in London, KY is $185,674 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.9% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in London are priced55% below average. London is part of the London, KY metro area.
Over the past five years, London home values have risen by approximately23.0%, reflecting strong long-term appreciation in this market.
Price History
London Home Price Trend
City Comparison
London vs. National Median
At $185,674, homes in London cost 55% below the national median of $410,000. This makes London a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in London?
20% Down Payment
$37,135
on $185,674
Monthly P&I
$968/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,229/mo
incl. taxes & insurance
Income Needed
$49,160
gross annual (30% rule)
10% Down Option
$18,567
+ PMI applies
Loan Amount (20% dn)
$148,539
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 London, KY?
The median home value in London is $185,674 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.9% year-over-year.
How much have home prices changed in London?
Over the past year, home values in London have decreased by 3.9%. Over five years, prices have risen approximately 23.0%.
How much do I need to earn to buy a home in London?
To comfortably afford the median home price of $185,674 with a 20% down payment ($37,135) at today's rates (6.8%), you'd need a gross annual income of approximately $49,160. This assumes keeping total housing costs at or below 30% of gross income.
How does London compare to the national average home price?
The national median home value is approximately $410,000. At $185,674, homes in London are 55% below the national average.
What metro area is London part of?
London is part of the London, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.