Owensboro, KY home prices
Typical home $213,968 · +3.5% in a year · income needed $60,300
The Owensboro, KY metro area ranks 591 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.5% in a year and +29.7% over five years. With 20% down at 7.11%, the typical home costs about $1,408 a month including 0.84% property tax (Daviess County rate).
Mortgage on the typical Owensboro home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,794 | $171,175 | $1,152 | $0 | $256 | $1,408 | $60,300 |
| 10% down | $21,397 | $192,572 | $1,295 | $80 | $256 | $1,632 | $69,900 |
| 5% down | $10,698 | $203,270 | $1,367 | $85 | $256 | $1,708 | $73,200 |
| 3.5% down (FHA) | $7,489 | $210,093 | $1,413 | $95 | $256 | $1,764 | $75,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.84% 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 Owensboro area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Daviess County, KY | $219,193 | +4.0% | 0.84% |
| McLean County, KY | $162,236 | -6.8% | 0.64% |
| Hancock County, KY | $204,748 | +6.2% | 0.66% |
What can you afford in Kentucky on your salary? · Kentucky home prices · Salaries in Kentucky
Frequently asked questions
How much is a house in Owensboro?
The typical home in the Owensboro, KY metro area is worth $213,968 (Zillow, September 2026).
What salary do you need to buy a house in Owensboro?
About $60,300 a year for the typical home with 20% down at 7.11%.