Market Overview
Home Prices in Martha, KY
The median home value in Martha, KY is $164,173 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 13.8% compared to a year ago and up 10.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Martha are priced60% below average.
Over the past five years, Martha home values have risen by approximately13.4%, reflecting steady appreciation in this market.
Price History
Martha Home Price Trend
2020
$119,844
$120K
—
2021
$144,763
$145K
+20.8%
2022
$170,844
$171K
+18.0%
2023
$176,218
$176K
+3.1%
2024
$172,288
$172K
-2.2%
2025
$190,399
$190K
+10.5%
2026
$164,173
$164K
-13.8%
City Comparison
Martha vs. National Median
🏠 Martha
$164,173
National Median
$410,000
At $164,173, homes in Martha cost 60% below the national median of $410,000. This makes Martha a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Martha?
20% Down Payment
$32,835
on $164,173
Monthly P&I
$856/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,087/mo
incl. taxes & insurance
Income Needed
$43,480
gross annual (30% rule)
10% Down Option
$16,417
+ PMI applies
Loan Amount (20% dn)
$131,338
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 Martha, KY?
The median home value in Martha is $164,173 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 13.8% year-over-year.
How much have home prices changed in Martha?
Over the past year, home values in Martha have decreased by 13.8%. Over five years, prices have risen approximately 13.4%.
How much do I need to earn to buy a home in Martha?
To comfortably afford the median home price of $164,173 with a 20% down payment ($32,835) at today's rates (6.8%), you'd need a gross annual income of approximately $43,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Martha compare to the national average home price?
The national median home value is approximately $410,000. At $164,173, homes in Martha are 60% below the national average.