Market Overview
Home Prices in Mount Sherman, KY
The median home value in Mount Sherman, KY is $214,359 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.1% compared to a year ago and up 10.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Sherman are priced48% below average. Mount Sherman is part of the Campbellsville, KY metro area.
Over the past five years, Mount Sherman home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Mount Sherman Home Price Trend
City Comparison
Mount Sherman vs. National Median
At $214,359, homes in Mount Sherman cost 48% below the national median of $410,000. This makes Mount Sherman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mount Sherman?
20% Down Payment
$42,872
on $214,359
Monthly P&I
$1,118/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,420/mo
incl. taxes & insurance
Income Needed
$56,800
gross annual (30% rule)
10% Down Option
$21,436
+ PMI applies
Loan Amount (20% dn)
$171,487
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 Mount Sherman, KY?
The median home value in Mount Sherman is $214,359 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.1% year-over-year.
How much have home prices changed in Mount Sherman?
Over the past year, home values in Mount Sherman have decreased by 5.1%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Mount Sherman?
To comfortably afford the median home price of $214,359 with a 20% down payment ($42,872) at today's rates (6.8%), you'd need a gross annual income of approximately $56,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Sherman compare to the national average home price?
The national median home value is approximately $410,000. At $214,359, homes in Mount Sherman are 48% below the national average.
What metro area is Mount Sherman part of?
Mount Sherman is part of the Campbellsville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.