Real Estate Price Maphome prices by county

Letcher County, KY home prices

Letcher County, KY: the typical home is worth $72,728 as of 2026-05, down -21.8% over the past year and n/a since 2000. Listings run about $115/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Letcher County is falling and undervalued — very affordable for what people here earn.

Momentum-21.8%Falling
Valuation-54%Undervalued
Affordability10/10Very affordable
Market68 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2000: $80,008 → 2026: $72,728 (0.9×)

Typical value$72,7282026-05
1-year-21.8%
5-year-26.5%
10-year-9.0%
Since 2000n/a
Population20k2024
Median income$41,7372023 · 1.7× income
New homes/yr12024
Price / sq ft$115listings
Days on market682026-06
Active listings132026-06
Price cuts16%of listings

Market read

At $72,728, homes in Letcher County sit 60% below the Kentucky median ($181,510) and 69% below the US median ($233,954). That ranks #119 of 120 Kentucky counties by price.

Prices are cooling (-21.8% in the last year) — leaning buyer's market.

Homes here take a while to sell — a median 68 days on the market, with 16% of listings cutting their asking price.

At 1.7× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~54% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Wise County, VA ($133,317) · Knott County, KY ($68,008) · Norton City, VA ($125,381) · Perry County, KY ($100,297) · Harlan County, KY ($78,089) · Dickenson County, VA ($116,970)

Frequently asked questions

What is the average home price in Letcher County, KY?
The typical home in Letcher County is worth $72,728 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Letcher County rising or falling?
Prices are down -21.8% over the past year and n/a since 2000 — a buyer's market.
Is Letcher County affordable?
At 1.7× the local median income of $41,737, Letcher County is more affordable than the typical US county.
How fast do homes sell in Letcher County?
Homes here take a median of 68 days to sell, with 16% of listings cutting their asking price.
Median home value by year
YearMedian home value
2016$80,008
2017$80,886
2018$79,737
2019$80,736
2020$81,170
2021$98,053
2022$99,414
2023$105,125
2024$89,672
2025$91,916
2026$73,941