Shelby County, Kentucky home prices
Typical home $328,888 · -0.5% in a year · property tax 0.77%
The typical home in Shelby County is worth $328,888, 42% more than the Kentucky typical home ($230,909). Values changed -0.5% in the past year and +15.1% over five years. Homeowners here pay a median 0.77% of their home's value in property tax each year ($2,524 on the typical home), versus 0.72% statewide.
Mortgage on the typical Shelby County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $65,778 | $263,111 | $1,770 | $0 | $375 | $2,145 | $91,900 |
| 10% down | $32,889 | $295,999 | $1,991 | $123 | $375 | $2,489 | $106,700 |
| 5% down | $16,444 | $312,444 | $2,102 | $130 | $375 | $2,607 | $111,700 |
| 3.5% down (FHA) | $11,511 | $322,931 | $2,172 | $145 | $375 | $2,693 | $115,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.77% 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 |
|---|---|---|---|
| Jessamine County | $328,403 | +2.5% | 0.73% |
| Fayette County | $330,784 | +3.4% | 0.87% |
| Scott County | $342,459 | +3.8% | 0.66% |
| Boone County | $350,034 | +2.7% | 0.86% |
| Woodford County | $358,536 | -0.2% | 0.7% |
| Bullitt County | $294,862 | -0.1% | 0.83% |
| Campbell County | $293,229 | +2.9% | 1.01% |
| Kenton County | $286,827 | +2.1% | 0.98% |
| Warren County | $285,184 | +0.2% | 0.65% |
| Madison County | $283,215 | +1.2% | 0.73% |
Frequently asked questions
What is the average home price in Shelby County, KY?
The typical home value in Shelby County is $328,888 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Shelby County?
About $91,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Shelby County?
The median effective rate is 0.77% of home value a year (Census ACS 2024 5-year estimates).