Mount Sterling, KY home prices
Typical home $194,558 · -1.4% in a year · income needed $54,100
The Mount Sterling, KY metro area ranks 660 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -1.4% in a year and +21.2% over five years. With 20% down at 7.11%, the typical home costs about $1,263 a month including 0.73% property tax (Montgomery County rate).
Mortgage on the typical Mount Sterling home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,912 | $155,646 | $1,047 | $0 | $216 | $1,263 | $54,100 |
| 10% down | $19,456 | $175,102 | $1,178 | $73 | $216 | $1,467 | $62,900 |
| 5% down | $9,728 | $184,830 | $1,243 | $77 | $216 | $1,537 | $65,900 |
| 3.5% down (FHA) | $6,810 | $191,034 | $1,285 | $86 | $216 | $1,588 | $68,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.73% 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 Mount Sterling area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Montgomery County, KY | $226,199 | +4.3% | 0.73% |
| Bath County, KY | $187,830 | +2.8% | 0.65% |
| Menifee County, KY | $128,716 | -14.5% | 0.51% |
What can you afford in Kentucky on your salary? · Kentucky home prices · Salaries in Kentucky
Frequently asked questions
How much is a house in Mount Sterling?
The typical home in the Mount Sterling, KY metro area is worth $194,558 (Zillow, September 2026).
What salary do you need to buy a house in Mount Sterling?
About $54,100 a year for the typical home with 20% down at 7.11%.