Market Overview
Home Prices in Majestic, KY
The median home value in Majestic, KY is $67,514 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 20.1% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Majestic are priced84% below average.
Over the past five years, Majestic home values have fallen by approximately26.2%, reflecting softening conditions in this market.
Price History
Majestic Home Price Trend
2020
$78,597
$79K
—
2021
$91,489
$91K
+16.4%
2022
$98,405
$98K
+7.6%
2023
$83,942
$84K
-14.7%
2024
$85,540
$86K
+1.9%
2025
$84,539
$85K
-1.2%
2026
$67,514
$68K
-20.1%
City Comparison
Majestic vs. National Median
🏠 Majestic
$67,514
National Median
$410,000
At $67,514, homes in Majestic cost 84% below the national median of $410,000. This makes Majestic a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Majestic?
20% Down Payment
$13,503
on $67,514
Monthly P&I
$352/mo
30-yr @ 6.8%
Total Monthly Est.
~$447/mo
incl. taxes & insurance
Income Needed
$17,880
gross annual (30% rule)
10% Down Option
$6,751
+ PMI applies
Loan Amount (20% dn)
$54,011
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 Majestic, KY?
The median home value in Majestic is $67,514 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 20.1% year-over-year.
How much have home prices changed in Majestic?
Over the past year, home values in Majestic have decreased by 20.1%. Over five years, prices have fallen approximately 26.2%.
How much do I need to earn to buy a home in Majestic?
To comfortably afford the median home price of $67,514 with a 20% down payment ($13,503) at today's rates (6.8%), you'd need a gross annual income of approximately $17,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Majestic compare to the national average home price?
The national median home value is approximately $410,000. At $67,514, homes in Majestic are 84% below the national average.