Market Overview
Home Prices in McDowell, KY
The median home value in McDowell, KY is $66,750 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 31% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in McDowell are priced84% below average.
Over the past five years, McDowell home values have fallen by approximately27.3%, reflecting softening conditions in this market.
Price History
McDowell Home Price Trend
2020
$82,476
$82K
—
2021
$91,870
$92K
+11.4%
2022
$95,055
$95K
+3.5%
2023
$102,049
$102K
+7.4%
2024
$95,138
$95K
-6.8%
2025
$96,699
$97K
+1.6%
2026
$66,750
$67K
-31.0%
City Comparison
McDowell vs. National Median
🏠 McDowell
$66,750
National Median
$410,000
At $66,750, homes in McDowell cost 84% below the national median of $410,000. This makes McDowell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in McDowell?
20% Down Payment
$13,350
on $66,750
Monthly P&I
$348/mo
30-yr @ 6.8%
Total Monthly Est.
~$442/mo
incl. taxes & insurance
Income Needed
$17,680
gross annual (30% rule)
10% Down Option
$6,675
+ PMI applies
Loan Amount (20% dn)
$53,400
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 McDowell, KY?
The median home value in McDowell is $66,750 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 31% year-over-year.
How much have home prices changed in McDowell?
Over the past year, home values in McDowell have decreased by 31%. Over five years, prices have fallen approximately 27.3%.
How much do I need to earn to buy a home in McDowell?
To comfortably afford the median home price of $66,750 with a 20% down payment ($13,350) at today's rates (6.8%), you'd need a gross annual income of approximately $17,680. This assumes keeping total housing costs at or below 30% of gross income.
How does McDowell compare to the national average home price?
The national median home value is approximately $410,000. At $66,750, homes in McDowell are 84% below the national average.