Graves County, Kentucky home prices
Typical home $175,799 · +0.4% in a year · property tax 0.66%
The typical home in Graves County is worth $175,799, 24% less than the Kentucky typical home ($230,909). Values changed +0.4% in the past year and +38.8% over five years. Homeowners here pay a median 0.66% of their home's value in property tax each year ($1,154 on the typical home), versus 0.72% statewide.
Mortgage on the typical Graves County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,160 | $140,639 | $946 | $0 | $184 | $1,130 | $48,400 |
| 10% down | $17,580 | $158,219 | $1,064 | $66 | $184 | $1,314 | $56,300 |
| 5% down | $8,790 | $167,009 | $1,123 | $70 | $184 | $1,377 | $59,000 |
| 3.5% down (FHA) | $6,153 | $172,614 | $1,161 | $78 | $184 | $1,423 | $61,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.66% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Kentucky · part of the Mayfield metro area.
Kentucky counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Calloway County | $175,394 | -13.3% | 0.65% |
| Metcalfe County | $174,385 | +0.4% | 0.67% |
| Butler County | $173,754 | -9.1% | 0.58% |
| Mason County | $173,307 | -0.8% | 0.65% |
| Lyon County | $179,125 | -8.4% | 0.63% |
| Green County | $179,312 | +4.4% | 0.65% |
| Owen County | $179,321 | -4.1% | 0.72% |
| Fleming County | $179,466 | +1.2% | 0.64% |
| Breckinridge County | $171,657 | +0.1% | 0.58% |
| Pulaski County | $180,412 | -1.3% | 0.63% |
Frequently asked questions
What is the average home price in Graves County, KY?
The typical home value in Graves County is $175,799 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Graves County?
About $48,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Graves County?
The median effective rate is 0.66% of home value a year (Census ACS 2024 5-year estimates).