Market Overview
Home Prices in Van Lear, KY
The median home value in Van Lear, KY is $126,798 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.4% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Van Lear are priced69% below average.
Over the past five years, Van Lear home values have risen by approximately26.0%, reflecting strong long-term appreciation in this market.
Price History
Van Lear Home Price Trend
2020
$85,526
$86K
—
2021
$100,665
$101K
+17.7%
2022
$113,765
$114K
+13.0%
2023
$121,176
$121K
+6.5%
2024
$132,741
$133K
+9.5%
2025
$139,901
$140K
+5.4%
2026
$126,798
$127K
-9.4%
City Comparison
Van Lear vs. National Median
🏠 Van Lear
$126,798
National Median
$410,000
At $126,798, homes in Van Lear cost 69% below the national median of $410,000. This makes Van Lear a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Van Lear?
20% Down Payment
$25,360
on $126,798
Monthly P&I
$661/mo
30-yr @ 6.8%
Total Monthly Est.
~$839/mo
incl. taxes & insurance
Income Needed
$33,560
gross annual (30% rule)
10% Down Option
$12,680
+ PMI applies
Loan Amount (20% dn)
$101,438
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 Van Lear, KY?
The median home value in Van Lear is $126,798 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.4% year-over-year.
How much have home prices changed in Van Lear?
Over the past year, home values in Van Lear have decreased by 9.4%. Over five years, prices have risen approximately 26.0%.
How much do I need to earn to buy a home in Van Lear?
To comfortably afford the median home price of $126,798 with a 20% down payment ($25,360) at today's rates (6.8%), you'd need a gross annual income of approximately $33,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Van Lear compare to the national average home price?
The national median home value is approximately $410,000. At $126,798, homes in Van Lear are 69% below the national average.