Market Overview
Home Prices in Park Hills, KY
The median home value in Park Hills, KY is $351,433 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Park Hills are priced14% below average. Park Hills is part of the Cincinnati, OH-KY-IN metro area.
Over the past five years, Park Hills home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Park Hills Home Price Trend
City Comparison
Park Hills vs. National Median
At $351,433, homes in Park Hills cost 14% below the national median of $410,000. This makes Park Hills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Park Hills?
20% Down Payment
$70,287
on $351,433
Monthly P&I
$1,833/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,328/mo
incl. taxes & insurance
Income Needed
$93,120
gross annual (30% rule)
10% Down Option
$35,143
+ PMI applies
Loan Amount (20% dn)
$281,146
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 Park Hills, KY?
The median home value in Park Hills is $351,433 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Park Hills?
Over the past year, home values in Park Hills have increased by 3.7%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Park Hills?
To comfortably afford the median home price of $351,433 with a 20% down payment ($70,287) at today's rates (6.8%), you'd need a gross annual income of approximately $93,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Park Hills compare to the national average home price?
The national median home value is approximately $410,000. At $351,433, homes in Park Hills are 14% below the national average.
What metro area is Park Hills part of?
Park Hills is part of the Cincinnati, OH-KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.