Market Overview
Home Prices in Manitou, KY
The median home value in Manitou, KY is $219,110 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.7% compared to a year ago and up 7.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manitou are priced47% below average. Manitou is part of the Madisonville, KY metro area.
Over the past five years, Manitou home values have risen by approximately45.5%, reflecting strong long-term appreciation in this market.
Price History
Manitou Home Price Trend
City Comparison
Manitou vs. National Median
At $219,110, homes in Manitou cost 47% below the national median of $410,000. This makes Manitou a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Manitou?
20% Down Payment
$43,822
on $219,110
Monthly P&I
$1,143/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,452/mo
incl. taxes & insurance
Income Needed
$58,080
gross annual (30% rule)
10% Down Option
$21,911
+ PMI applies
Loan Amount (20% dn)
$175,288
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 Manitou, KY?
The median home value in Manitou is $219,110 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.7% year-over-year.
How much have home prices changed in Manitou?
Over the past year, home values in Manitou have decreased by 4.7%. Over five years, prices have risen approximately 45.5%.
How much do I need to earn to buy a home in Manitou?
To comfortably afford the median home price of $219,110 with a 20% down payment ($43,822) at today's rates (6.8%), you'd need a gross annual income of approximately $58,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Manitou compare to the national average home price?
The national median home value is approximately $410,000. At $219,110, homes in Manitou are 47% below the national average.
What metro area is Manitou part of?
Manitou is part of the Madisonville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.