Market Overview
Home Prices in Russell, KY
The median home value in Russell, KY is $221,512 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Russell are priced46% below average. Russell is part of the Huntington-Ashland, WV-KY-OH metro area.
Over the past five years, Russell home values have risen by approximately44.5%, reflecting strong long-term appreciation in this market.
Price History
Russell Home Price Trend
City Comparison
Russell vs. National Median
At $221,512, homes in Russell cost 46% below the national median of $410,000. This makes Russell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Russell?
20% Down Payment
$44,302
on $221,512
Monthly P&I
$1,155/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,467/mo
incl. taxes & insurance
Income Needed
$58,680
gross annual (30% rule)
10% Down Option
$22,151
+ PMI applies
Loan Amount (20% dn)
$177,210
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 Russell, KY?
The median home value in Russell is $221,512 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Russell?
Over the past year, home values in Russell have increased by 2.6%. Over five years, prices have risen approximately 44.5%.
How much do I need to earn to buy a home in Russell?
To comfortably afford the median home price of $221,512 with a 20% down payment ($44,302) at today's rates (6.8%), you'd need a gross annual income of approximately $58,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Russell compare to the national average home price?
The national median home value is approximately $410,000. At $221,512, homes in Russell are 46% below the national average.
What metro area is Russell part of?
Russell is part of the Huntington-Ashland, WV-KY-OH metropolitan area. Home prices and market conditions can vary across the broader metro region.