Market Overview
Home Prices in Nortonville, KY
The median home value in Nortonville, KY is $123,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and up 8.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nortonville are priced70% below average. Nortonville is part of the Madisonville, KY metro area.
Over the past five years, Nortonville home values have risen by approximately33.7%, reflecting strong long-term appreciation in this market.
Price History
Nortonville Home Price Trend
City Comparison
Nortonville vs. National Median
At $123,248, homes in Nortonville cost 70% below the national median of $410,000. This makes Nortonville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Nortonville?
20% Down Payment
$24,650
on $123,248
Monthly P&I
$643/mo
30-yr @ 6.8%
Total Monthly Est.
~$817/mo
incl. taxes & insurance
Income Needed
$32,680
gross annual (30% rule)
10% Down Option
$12,325
+ PMI applies
Loan Amount (20% dn)
$98,598
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 Nortonville, KY?
The median home value in Nortonville is $123,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.1% year-over-year.
How much have home prices changed in Nortonville?
Over the past year, home values in Nortonville have decreased by 3.1%. Over five years, prices have risen approximately 33.7%.
How much do I need to earn to buy a home in Nortonville?
To comfortably afford the median home price of $123,248 with a 20% down payment ($24,650) at today's rates (6.8%), you'd need a gross annual income of approximately $32,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Nortonville compare to the national average home price?
The national median home value is approximately $410,000. At $123,248, homes in Nortonville are 70% below the national average.
What metro area is Nortonville part of?
Nortonville is part of the Madisonville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.