Market Overview
Home Prices in Raceland, KY
The median home value in Raceland, KY is $151,289 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Raceland are priced63% below average. Raceland is part of the Huntington-Ashland, WV-KY-OH metro area.
Over the past five years, Raceland home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Raceland Home Price Trend
City Comparison
Raceland vs. National Median
At $151,289, homes in Raceland cost 63% below the national median of $410,000. This makes Raceland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Raceland?
20% Down Payment
$30,258
on $151,289
Monthly P&I
$789/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,002/mo
incl. taxes & insurance
Income Needed
$40,080
gross annual (30% rule)
10% Down Option
$15,129
+ PMI applies
Loan Amount (20% dn)
$121,031
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 Raceland, KY?
The median home value in Raceland is $151,289 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Raceland?
Over the past year, home values in Raceland have decreased by 1.1%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Raceland?
To comfortably afford the median home price of $151,289 with a 20% down payment ($30,258) at today's rates (6.8%), you'd need a gross annual income of approximately $40,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Raceland compare to the national average home price?
The national median home value is approximately $410,000. At $151,289, homes in Raceland are 63% below the national average.
What metro area is Raceland part of?
Raceland is part of the Huntington-Ashland, WV-KY-OH metropolitan area. Home prices and market conditions can vary across the broader metro region.