Mortgage payment estimates, closing cost breakdowns, and homebuying data for Ashland, Kentucky.
Pre-filled with Ashland median home price and Kentucky tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kentucky rates and fees applied to Ashland prices.
The median home price in Ashland is $125,000, 40% below the Kentucky state median of $210,000. With a population of 20,791, Ashland is a smaller market where home prices tend to be more accessible than in many parts of Kentucky.
Property taxes in Kentucky average 0.83% annually. This moderate property tax rate means a $125,000 home in Ashland would carry roughly $86/month in property taxes. Homeowners insurance in Kentucky runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Ashland is $720/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Ashland over the long term.
Ashland offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Kentucky's KHC Regular DAP program.