Hancock County, Kentucky home prices
Typical home $204,748 · +6.2% in a year · property tax 0.66%
The typical home in Hancock County is worth $204,748, 11% less than the Kentucky typical home ($230,909). Values changed +6.2% in the past year and +36.7% over five years. Homeowners here pay a median 0.66% of their home's value in property tax each year ($1,349 on the typical home), versus 0.72% statewide.
Mortgage on the typical Hancock County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $40,950 | $163,799 | $1,102 | $0 | $215 | $1,317 | $56,400 |
| 10% down | $20,475 | $184,274 | $1,240 | $77 | $215 | $1,531 | $65,600 |
| 5% down | $10,237 | $194,511 | $1,308 | $81 | $215 | $1,604 | $68,800 |
| 3.5% down (FHA) | $7,166 | $201,040 | $1,352 | $91 | $215 | $1,658 | $71,000 |
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 Owensboro metro area.
Kentucky counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Robertson County | $202,585 | +3.7% | 0.54% |
| Henderson County | $202,313 | +2.1% | 0.9% |
| Christian County | $201,897 | +0.2% | 0.65% |
| Gallatin County | $208,363 | +2.5% | 0.83% |
| Marshall County | $199,749 | -4.4% | 0.72% |
| Nicholas County | $199,680 | -1.2% | 0.59% |
| Logan County | $199,531 | -1.5% | 0.61% |
| Allen County | $210,569 | -5.4% | 0.54% |
| Bracken County | $198,166 | +8.5% | 0.92% |
| Lincoln County | $198,151 | -2.9% | 0.72% |
Frequently asked questions
What is the average home price in Hancock County, KY?
The typical home value in Hancock County is $204,748 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hancock County?
About $56,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hancock County?
The median effective rate is 0.66% of home value a year (Census ACS 2024 5-year estimates).