Market Overview
Home Prices in Prestonsburg, KY
The median home value in Prestonsburg, KY is $129,880 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11.4% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Prestonsburg are priced68% below average.
Over the past five years, Prestonsburg home values have risen by approximately8.5%, reflecting steady appreciation in this market.
Price History
Prestonsburg Home Price Trend
2020
$101,652
$102K
—
2021
$119,704
$120K
+17.8%
2022
$130,298
$130K
+8.9%
2023
$136,103
$136K
+4.5%
2024
$142,525
$143K
+4.7%
2025
$146,655
$147K
+2.9%
2026
$129,880
$130K
-11.4%
City Comparison
Prestonsburg vs. National Median
🏠 Prestonsburg
$129,880
National Median
$410,000
At $129,880, homes in Prestonsburg cost 68% below the national median of $410,000. This makes Prestonsburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Prestonsburg?
20% Down Payment
$25,976
on $129,880
Monthly P&I
$677/mo
30-yr @ 6.8%
Total Monthly Est.
~$860/mo
incl. taxes & insurance
Income Needed
$34,400
gross annual (30% rule)
10% Down Option
$12,988
+ PMI applies
Loan Amount (20% dn)
$103,904
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 Prestonsburg, KY?
The median home value in Prestonsburg is $129,880 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11.4% year-over-year.
How much have home prices changed in Prestonsburg?
Over the past year, home values in Prestonsburg have decreased by 11.4%. Over five years, prices have risen approximately 8.5%.
How much do I need to earn to buy a home in Prestonsburg?
To comfortably afford the median home price of $129,880 with a 20% down payment ($25,976) at today's rates (6.8%), you'd need a gross annual income of approximately $34,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Prestonsburg compare to the national average home price?
The national median home value is approximately $410,000. At $129,880, homes in Prestonsburg are 68% below the national average.