Elizabethtown housing market

Strong buyer's marketElizabethtown, KY metro areaData through Sep 2026
Typical home value
$245K
▼ 3.4% 1 yr
Typical rent
$1,297/mo
▲ 0.6% 1 yr
12-month forecast
+0.2%
#457 of 546 metros
Gross rent yield
6.3%
#209 of 546 · U.S. 6.3%
Days to pending
76 days
▲ +20 days 1 yr
Listings with a price cut
30%
▼ −4.1 pts 1 yr

Key takeaways

  • 1The typical home is worth $245,471, down 3.4% in a year and up 22% over five years.
  • 2Zillow forecasts home values rising 0.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,297/mo (+0.6% YoY), a 6.3% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,349/mo in principal and interest, $52 more than renting.
  • 5Homes go under contract in 76 days (+20 days vs last year); 30% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 23/100, #516 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $245K
$145K$179K$214K$249K2016201920222025
Typical monthly rent
Latest $1,297
$1,013$1,101$1,189$1,27720222023202420252026

How fast homes are selling

Days to go under contract
Latest 76
2251791082019202120232025
Share of listings with a price cut
Latest 29.7%
12.6%19.4%26.3%33.1%20182020202220242026
Homes for sale vs new listings
Latest 792
For saleNew listings
15135856477120182020202220242026
Share of homes sold above list price
Latest 13.2%
10.6%18.8%26.9%35.1%2020202220242026

Affordability

Household income needed to buy vs rent
Latest $66K
To buy (20% down)To rent
$30K$42K$54K$66K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Elizabethtown compares

MeasureElizabethtownUnited StatesRank of 546
Home value, 1-yr change−3.4%+1.2%#542
Home value, 5-yr change+22.0%+19.7%
12-month forecast+0.2%+1.1%#457
Rent, 1-yr change+0.6%+2.7%#501
Gross rent yield6.3%6.3%#209
Price-to-rent ratio15.815.8
Mortgage P&I on typical home$1,349$2,012
Income needed to buy$66,091$100,902
Days to pending7656

Cities in the Elizabethtown metro

2 cities with home value and rent data.

Elizabethtown$266K▼ 2.5%$1,339▲ 0.7%6.0%
Radcliff$210K▼ 1.0%$934▲ 1.4%5.3%

Run the numbers

Other Kentucky metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.