Wilmore, Kentucky Real Estate & Housing Market

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Wilmore Housing Information

Index	Wilmore	Kentucky	National
Median home price	$151,500	$126,100	$184,700
Median rent asked	$699	$690	$949
Avg. people per household	2.6	2.5	2.6
Owner occupied households	45.1%	66.8%	63.6%
Renter occupied households	54.9%	33.2%	36.4%

A general overview of the Wilmore, KY real estate market is displayed above. The median home price for homes in Wilmore, KY is $151,500, which is 20% higher than the Kentucky average. This means that real estate in the Wilmore, KY area is generally less affordable than the rest of Kentucky. The median rent price in Wilmore, KY is $699 which is 1% higher than the Kentucky average. In Wilmore, KY, 45.1% of people are home owners and an average of 2.6 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Wilmore, KY. We make it easy to find Wilmore, KY real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Wilmore Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Wilmore, KY. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Wilmore, KY is $151,500 and the median household income is $43,375. This results in a home price to income ratio of 3.5x, which is 24% higher than the Kentucky average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Wilmore, KY are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Wilmore, KY.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Salvisa, KY	481	$75,900	59%
Burgin, KY	1,266	$102,400	45%
Harrodsburg, KY	8,409	$104,800	43%
High Bridge, KY	264	$111,900	39%
Lawrenceburg, KY	11,081	$121,600	34%
Wilmore, KY	6,181	$151,500	18%

Cities with similar population

City, State	Population	Home Price	National Avg.
Plain City, UT	6,183	$223,300	21%
Littlefield, TX	6,178	$65,100	65%
Darlington, SC	6,185	$86,000	53%
Boonville, IN	6,186	$86,400	53%
Steilacoom, WA	6,175	$295,300	60%
Wilmore, KY	6,181	$151,500	18%

Source: The Wilmore, KY housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).