Market Overview
Home Prices in Phyllis, KY
The median home value in Phyllis, KY is $81,480 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 14.7% compared to a year ago and up 6.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Phyllis are priced80% below average.
Over the past five years, Phyllis home values have risen by approximately6.5%, reflecting steady appreciation in this market.
Price History
Phyllis Home Price Trend
2020
$65,381
$65K
—
2021
$76,542
$77K
+17.1%
2022
$80,368
$80K
+5.0%
2023
$81,753
$82K
+1.7%
2024
$89,770
$90K
+9.8%
2025
$95,486
$95K
+6.4%
2026
$81,480
$81K
-14.7%
City Comparison
Phyllis vs. National Median
🏠 Phyllis
$81,480
National Median
$410,000
At $81,480, homes in Phyllis cost 80% below the national median of $410,000. This makes Phyllis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Phyllis?
20% Down Payment
$16,296
on $81,480
Monthly P&I
$425/mo
30-yr @ 6.8%
Total Monthly Est.
~$540/mo
incl. taxes & insurance
Income Needed
$21,600
gross annual (30% rule)
10% Down Option
$8,148
+ PMI applies
Loan Amount (20% dn)
$65,184
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 Phyllis, KY?
The median home value in Phyllis is $81,480 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 14.7% year-over-year.
How much have home prices changed in Phyllis?
Over the past year, home values in Phyllis have decreased by 14.7%. Over five years, prices have risen approximately 6.5%.
How much do I need to earn to buy a home in Phyllis?
To comfortably afford the median home price of $81,480 with a 20% down payment ($16,296) at today's rates (6.8%), you'd need a gross annual income of approximately $21,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Phyllis compare to the national average home price?
The national median home value is approximately $410,000. At $81,480, homes in Phyllis are 80% below the national average.