London, KY home prices
Typical home $149,650 · -5.2% in a year · income needed $40,800
The London, KY metro area ranks 811 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -5.2% in a year and +15.8% over five years. With 20% down at 7.11%, the typical home costs about $951 a month including 0.57% property tax (Laurel County rate).
Mortgage on the typical London home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $29,930 | $119,720 | $805 | $0 | $146 | $951 | $40,800 |
| 10% down | $14,965 | $134,685 | $906 | $56 | $146 | $1,108 | $47,500 |
| 5% down | $7,483 | $142,168 | $956 | $59 | $146 | $1,161 | $49,800 |
| 3.5% down (FHA) | $5,238 | $146,940 | $988 | $66 | $146 | $1,200 | $51,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.57% 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.
Counties in the London area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Laurel County, KY | $185,139 | -1.5% | 0.57% |
| Whitley County, KY | $140,626 | -10.7% | 0.64% |
| Knox County, KY | $132,932 | -3.7% | 0.66% |
| Clay County, KY | $107,909 | -10.7% | 0.7% |
What can you afford in Kentucky on your salary? · Kentucky home prices · Salaries in Kentucky
Frequently asked questions
How much is a house in London?
The typical home in the London, KY metro area is worth $149,650 (Zillow, September 2026).
What salary do you need to buy a house in London?
About $40,800 a year for the typical home with 20% down at 7.11%.