33 cities with year-over-year price appreciation
+81.3%
Top Growth
+14.4%
Avg Appreciation
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Murray | +81.3% | $277K | 88 days | 5.3 mo |
| 2 | Ashland | +57.6% | $184K | 59 days | 3.8 mo |
| 3 | Danville | +34.3% | $227K | 59 days | 3.3 mo |
| 4 | Newport | +30.8% | $281K | 27 days | 3.2 mo |
| 5 | Somerset | +29.8% | $231K | 105 days | 3.0 mo |
| 6 | Cold Spring | +23.4% | $245K | 16 days | 0.6 mo |
| 7 | Hebron | +23.3% | $354K | 5 days | 1.5 mo |
| 8 | Edgewood | +22.8% | $415K | 10 days | 1.0 mo |
| 9 | Berea | +15.5% | $275K | 55 days | 3.5 mo |
| 10 | Dayton | +15.0% | $230K | 63 days | 2.7 mo |
| 11 | Richmond | +12.1% | $283K | 72 days | 4.5 mo |
| 12 | Lawrenceburg | +12.0% | $241K | 85 days | 1.8 mo |
| 13 | Paducah | +10.8% | $211K | 51 days | 2.4 mo |
| 14 | Shepherdsville | +9.8% | $280K | 52 days | 3.4 mo |
| 15 | Lyndon | +9.7% | $325K | 44 days | 0.9 mo |
| 16 | St. Matthews | +9.1% | $343K | 30 days | 3.8 mo |
| 17 | Vine Grove | +9.0% | $304K | 56 days | 3.3 mo |
| 18 | Fort Thomas | +9.0% | $429K | 24 days | 1.4 mo |
| 19 | Frankfort | +8.5% | $250K | 62 days | 2.5 mo |
| 20 | Bowling Green | +7.4% | $290K | 69 days | 5.8 mo |
| 21 | Hopkinsville | +7.2% | $225K | 87 days | 4.4 mo |
| 22 | La Grange | +6.2% | $385K | 36 days | 2.3 mo |
| 23 | Winchester | +5.6% | $235K | 61 days | 3.4 mo |
| 24 | Burlington | +4.9% | $270K | 16 days | 2.1 mo |
| 25 | Mount Sterling | +4.6% | $265K | 71 days | 3.6 mo |
| 26 | Nicholasville | +4.1% | $307K | 57 days | 3.0 mo |
| 27 | Mayfield | +3.0% | $170K | 48 days | 4.0 mo |
| 28 | Florence | +2.7% | $280K | 26 days | 1.6 mo |
| 29 | Taylor Mill | +2.3% | $298K | 88 days | 0.8 mo |
| 30 | Bardstown | +1.5% | $208K | 61 days | 4.5 mo |
| 31 | Erlanger | +1.0% | $250K | 24 days | 0.7 mo |
| 32 | Hillview | +0.6% | $250K | 44 days | 2.4 mo |
| 33 | Oak Grove | +0.2% | $210K | 51 days | 4.4 mo |
33 cities in Kentucky are showing positive year-over-year price appreciation. The fastest-growing market is Murray at +81.3%.
Our data tracks year-over-year price appreciation across all major Kentucky real estate markets. The cities listed above show the strongest price growth, driven by factors like job growth, population influx, limited inventory, and desirable amenities.
Kentucky cities with rising home prices can offer strong investment potential, particularly in areas with growing populations and diverse economies. However, real estate investment success depends on specific location, property type, and your investment timeline. A local agent can help identify markets with the best appreciation potential.
Rising prices in Kentucky cities are driven by strong demand relative to supply. Common factors include population growth, job market expansion, limited new construction, desirable quality of life, and out-of-state buyers seeking affordability compared to higher-cost metros.
Even in appreciating markets, opportunities exist across different price points and neighborhoods. Early-stage growth areas often offer better affordability before prices peak. A Kentucky real estate agent can identify emerging neighborhoods and properties within your budget.
Appreciation rates vary by city. Check our city-level data above for exact year-over-year price changes. Some Kentucky markets are seeing 3-5% annual growth, while others may be appreciating even faster depending on local conditions.
Work with a local agent who can help you identify the best investment opportunities.
Find an Agent