Mortgage payment estimates, closing cost breakdowns, and homebuying data for Paducah, Kentucky.
Pre-filled with Paducah median home price and Kentucky tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kentucky rates and fees applied to Paducah prices.
The median home price in Paducah is $145,000, 31% below the Kentucky state median of $210,000. With a population of 27,137, Paducah 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 $145,000 home in Paducah would carry roughly $100/month in property taxes. Homeowners insurance in Kentucky runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Paducah is $780/month. The price-to-rent ratio in Paducah is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Paducah 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.