Nicholas County, Kentucky home prices
Typical home $199,680 · -1.2% in a year · property tax 0.59%
The typical home in Nicholas County is worth $199,680, 14% less than the Kentucky typical home ($230,909). Values changed -1.2% in the past year and +34.0% over five years. Homeowners here pay a median 0.59% of their home's value in property tax each year ($1,183 on the typical home), versus 0.72% statewide.
Mortgage on the typical Nicholas County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $39,936 | $159,744 | $1,075 | $0 | $198 | $1,273 | $54,600 |
| 10% down | $19,968 | $179,712 | $1,209 | $75 | $198 | $1,482 | $63,500 |
| 5% down | $9,984 | $189,696 | $1,276 | $79 | $198 | $1,554 | $66,600 |
| 3.5% down (FHA) | $6,989 | $196,063 | $1,319 | $88 | $198 | $1,606 | $68,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.59% 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.
Kentucky counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Marshall County | $199,749 | -4.4% | 0.72% |
| Logan County | $199,531 | -1.5% | 0.61% |
| Bracken County | $198,166 | +8.5% | 0.92% |
| Lincoln County | $198,151 | -2.9% | 0.72% |
| Christian County | $201,897 | +0.2% | 0.65% |
| Henderson County | $202,313 | +2.1% | 0.9% |
| Robertson County | $202,585 | +3.7% | 0.54% |
| Hancock County | $204,748 | +6.2% | 0.66% |
| McCracken County | $194,592 | -1.2% | 0.75% |
| Edmonson County | $191,239 | +1.4% | 0.55% |
Frequently asked questions
What is the average home price in Nicholas County, KY?
The typical home value in Nicholas County is $199,680 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Nicholas County?
About $54,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Nicholas County?
The median effective rate is 0.59% of home value a year (Census ACS 2024 5-year estimates).