Market Overview
Home Prices in Parksville, KY
The median home value in Parksville, KY is $212,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and up 12.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parksville are priced48% below average. Parksville is part of the Danville, KY metro area.
Over the past five years, Parksville home values have risen by approximately35.0%, reflecting strong long-term appreciation in this market.
Price History
Parksville Home Price Trend
City Comparison
Parksville vs. National Median
At $212,184, homes in Parksville cost 48% below the national median of $410,000. This makes Parksville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parksville?
20% Down Payment
$42,437
on $212,184
Monthly P&I
$1,107/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,406/mo
incl. taxes & insurance
Income Needed
$56,240
gross annual (30% rule)
10% Down Option
$21,218
+ PMI applies
Loan Amount (20% dn)
$169,747
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 Parksville, KY?
The median home value in Parksville is $212,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Parksville?
Over the past year, home values in Parksville have decreased by 0.8%. Over five years, prices have risen approximately 35.0%.
How much do I need to earn to buy a home in Parksville?
To comfortably afford the median home price of $212,184 with a 20% down payment ($42,437) at today's rates (6.8%), you'd need a gross annual income of approximately $56,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Parksville compare to the national average home price?
The national median home value is approximately $410,000. At $212,184, homes in Parksville are 48% below the national average.
What metro area is Parksville part of?
Parksville is part of the Danville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.