Market Overview
Home Prices in Pine Knot, KY
The median home value in Pine Knot, KY is $117,892 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.6% compared to a year ago and up 10.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pine Knot are priced71% below average.
Over the past five years, Pine Knot home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Pine Knot Home Price Trend
2020
$77,056
$77K
—
2021
$95,619
$96K
+24.1%
2022
$103,733
$104K
+8.5%
2023
$116,605
$117K
+12.4%
2024
$117,526
$118K
+0.8%
2025
$130,351
$130K
+10.9%
2026
$117,892
$118K
-9.6%
City Comparison
Pine Knot vs. National Median
🏠 Pine Knot
$117,892
National Median
$410,000
At $117,892, homes in Pine Knot cost 71% below the national median of $410,000. This makes Pine Knot a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pine Knot?
20% Down Payment
$23,578
on $117,892
Monthly P&I
$615/mo
30-yr @ 6.8%
Total Monthly Est.
~$781/mo
incl. taxes & insurance
Income Needed
$31,240
gross annual (30% rule)
10% Down Option
$11,789
+ PMI applies
Loan Amount (20% dn)
$94,314
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 Pine Knot, KY?
The median home value in Pine Knot is $117,892 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.6% year-over-year.
How much have home prices changed in Pine Knot?
Over the past year, home values in Pine Knot have decreased by 9.6%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Pine Knot?
To comfortably afford the median home price of $117,892 with a 20% down payment ($23,578) at today's rates (6.8%), you'd need a gross annual income of approximately $31,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Pine Knot compare to the national average home price?
The national median home value is approximately $410,000. At $117,892, homes in Pine Knot are 71% below the national average.