Market Overview
Home Prices in Pendleton, KY
The median home value in Pendleton, KY is $349,297 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pendleton are priced15% below average. Pendleton is part of the Louisville/Jefferson County, KY-IN metro area.
Over the past five years, Pendleton home values have risen by approximately32.0%, reflecting strong long-term appreciation in this market.
Price History
Pendleton Home Price Trend
City Comparison
Pendleton vs. National Median
At $349,297, homes in Pendleton cost 15% below the national median of $410,000. This makes Pendleton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pendleton?
20% Down Payment
$69,859
on $349,297
Monthly P&I
$1,822/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,314/mo
incl. taxes & insurance
Income Needed
$92,560
gross annual (30% rule)
10% Down Option
$34,930
+ PMI applies
Loan Amount (20% dn)
$279,438
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 Pendleton, KY?
The median home value in Pendleton is $349,297 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Pendleton?
Over the past year, home values in Pendleton have increased by 4.9%. Over five years, prices have risen approximately 32.0%.
How much do I need to earn to buy a home in Pendleton?
To comfortably afford the median home price of $349,297 with a 20% down payment ($69,859) at today's rates (6.8%), you'd need a gross annual income of approximately $92,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Pendleton compare to the national average home price?
The national median home value is approximately $410,000. At $349,297, homes in Pendleton are 15% below the national average.
What metro area is Pendleton part of?
Pendleton is part of the Louisville/Jefferson County, KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.