McLean County, Kentucky home prices
Typical home $162,236 · -6.8% in a year · property tax 0.64%
The typical home in McLean County is worth $162,236, 30% less than the Kentucky typical home ($230,909). Values changed -6.8% in the past year and +17.0% over five years. Homeowners here pay a median 0.64% of their home's value in property tax each year ($1,042 on the typical home), versus 0.72% statewide.
Mortgage on the typical McLean County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $32,447 | $129,789 | $873 | $0 | $168 | $1,041 | $44,600 |
| 10% down | $16,224 | $146,012 | $982 | $61 | $168 | $1,211 | $51,900 |
| 5% down | $8,112 | $154,124 | $1,037 | $64 | $168 | $1,269 | $54,400 |
| 3.5% down (FHA) | $5,678 | $159,297 | $1,072 | $72 | $168 | $1,311 | $56,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.64% 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 |
|---|---|---|---|
| Adair County | $161,714 | -11.8% | 0.64% |
| Wayne County | $163,675 | -2.0% | 0.56% |
| Casey County | $164,379 | -1.4% | 0.6% |
| Greenup County | $158,959 | +1.2% | 0.87% |
| Grayson County | $157,991 | -17.9% | 0.57% |
| Livingston County | $156,725 | -2.2% | 0.61% |
| Carter County | $155,872 | -5.6% | 0.49% |
| Breckinridge County | $171,657 | +0.1% | 0.58% |
| Russell County | $152,730 | -5.0% | 0.57% |
| Cumberland County | $152,713 | -6.0% | 0.54% |
Frequently asked questions
What is the average home price in McLean County, KY?
The typical home value in McLean County is $162,236 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in McLean County?
About $44,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in McLean County?
The median effective rate is 0.64% of home value a year (Census ACS 2024 5-year estimates).