Market Overview
Home Prices in Thelma, KY
The median home value in Thelma, KY is $134,989 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Thelma are priced67% below average.
Over the past five years, Thelma home values have risen by approximately30.7%, reflecting strong long-term appreciation in this market.
Price History
Thelma Home Price Trend
2020
$93,777
$94K
—
2021
$103,291
$103K
+10.1%
2022
$118,855
$119K
+15.1%
2023
$127,803
$128K
+7.5%
2024
$144,426
$144K
+13.0%
2025
$151,733
$152K
+5.1%
2026
$134,989
$135K
-11.0%
City Comparison
Thelma vs. National Median
🏠 Thelma
$134,989
National Median
$410,000
At $134,989, homes in Thelma cost 67% below the national median of $410,000. This makes Thelma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Thelma?
20% Down Payment
$26,998
on $134,989
Monthly P&I
$704/mo
30-yr @ 6.8%
Total Monthly Est.
~$894/mo
incl. taxes & insurance
Income Needed
$35,760
gross annual (30% rule)
10% Down Option
$13,499
+ PMI applies
Loan Amount (20% dn)
$107,991
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 Thelma, KY?
The median home value in Thelma is $134,989 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11% year-over-year.
How much have home prices changed in Thelma?
Over the past year, home values in Thelma have decreased by 11%. Over five years, prices have risen approximately 30.7%.
How much do I need to earn to buy a home in Thelma?
To comfortably afford the median home price of $134,989 with a 20% down payment ($26,998) at today's rates (6.8%), you'd need a gross annual income of approximately $35,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Thelma compare to the national average home price?
The national median home value is approximately $410,000. At $134,989, homes in Thelma are 67% below the national average.