House Prices

House Prices & Home Values Morehead, KY 2026


Average Data

average house price$165,000
average size per house1500 ft²
average price per ft²110 $ / ft²

04/19/2026 - The value range (VR) for house prices in Morehead, KY is $110/ sqft to $110/ sqft. An average home with 1500 sqft costs approximately $165,000 to $165,000. Morehead, KY includes 1 ZIP codes and it is located in Rowan county. The lowest prices are found in ZIP 40351, while the highest are in ZIP 40351. The average price per sqare feet is $110. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Morehead

40351104 $ / ft²




Historical development of home values in Morehead

Year Estimated value (USD) Change vs. 2025
2010 $76,629 -53.6%
2011 $73,666 -55.4%
2012 $73,467 -55.5%
2013 $76,213 -53.8%
2014 $80,003 -51.5%
2015 $84,109 -49.0%
2016 $88,499 -46.4%
2017 $93,275 -43.5%
2018 $98,432 -40.3%
2019 $102,996 -37.6%
2020 $108,320 -34.4%
2021 $123,203 -25.3%
2022 $143,627 -13.0%
2023 $151,461 -8.2%
2024 $160,223 -2.9%
2025 $165,000 0.0%

Graph: estimated home values in Morehead over time (USD)



Example: 100% financing house in Morehead

Loan amount: $165,000

Interest rate: 6.00%

Fixed monthly payment: $989.26

Breakdown in the 1st month:
Interest portion: $825.00  –  Principal portion: $164.26

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,844.88 $2,026.22 $162,973.78
2 $9,719.91 $2,151.19 $160,822.59
3 $9,587.23 $2,283.87 $158,538.72
4 $9,446.36 $2,424.74 $156,113.98
5 $9,296.81 $2,574.29 $153,539.69
6 $9,138.03 $2,733.07 $150,806.62
7 $8,969.46 $2,901.64 $147,904.99
8 $8,790.50 $3,080.60 $144,824.38
9 $8,600.49 $3,270.61 $141,553.78
10 $8,398.77 $3,472.33 $138,081.45
11 $8,184.60 $3,686.50 $134,394.95
12 $7,957.23 $3,913.87 $130,481.08
13 $7,715.83 $4,155.27 $126,325.81
14 $7,459.54 $4,411.56 $121,914.25
15 $7,187.45 $4,683.65 $117,230.59
16 $6,898.57 $4,972.53 $112,258.06
17 $6,591.87 $5,279.23 $106,978.83
18 $6,266.26 $5,604.84 $101,374.00
19 $5,920.57 $5,950.53 $95,423.47
20 $5,553.55 $6,317.55 $89,105.92
21 $5,163.90 $6,707.20 $82,398.72
22 $4,750.21 $7,120.89 $75,277.83
23 $4,311.01 $7,560.09 $67,717.74
24 $3,844.72 $8,026.38 $59,691.37
25 $3,349.68 $8,521.43 $51,169.94
26 $2,824.09 $9,047.01 $42,122.94
27 $2,266.09 $9,605.01 $32,517.93
28 $1,673.68 $10,197.42 $22,320.50
29 $1,044.72 $10,826.38 $11,494.13
30 $376.97 $11,494.13 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Morehead, KY


1500 sqft3900 sqft
Ø selling price$199,651$424,711
Ø fast selling$181,501$382,240
Ø high price sale$217,801$467,182

In 2026, houses in Morehead, KY will be offered at an average price of $110 per square foot. A 1,500 sqft home priced at $199,651 is 21.60% more expensive per square foot than a 3,900 sqft home priced at $424,711. Home prices in Morehead, KY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $294,030. Sellers who can wait longer may achieve a higher price of up to $359,370.


Explore Morehead, KY

Overview

Located in the eastern Appalachian foothills, Morehead, KY is the county seat of Rowan County known for outdoor adventure, arts, and education. Travelers and residents value its small-town charm, growing economy, and easy access to I-64 connecting to Lexington and Huntington.
From downtown murals to scenic byways, Morehead, Kentucky delivers authentic Bluegrass culture.

Outdoor & Nature

Cave Run Lake and the Daniel Boone National Forest make Morehead a basecamp for boating, fishing, hiking the Sheltowee Trace, birding, and paddling. Families searching for things to do in Morehead, KY enjoy lake beaches, mountain biking trails, and year-round outdoor events.
Photographers love sunrise overlooks and fall foliage drives that showcase the rugged hills and clear water.

Education & Culture

Morehead State University anchors the city with research, athletics, and performances at the historic campus theaters and galleries.
Downtown Morehead features local boutiques, craft breweries, Appalachian cuisine, and murals that celebrate regional heritage.

Travel & Amenities

Visitors find convenient hotels in Morehead, KY near the interstate and cozy cabins around Cave Run Lake, plus RV parks and campgrounds.
Plan your trip to Morehead, Kentucky for outdoor recreation, college-town energy, and friendly service that keeps people coming back.



FAQ – Home Values in Morehead

What is the median home value in Morehead in 2026?

In 2026, the typical home value in Morehead is about $165,000 for an average home size of 1500 square feet. This corresponds to an average price of roughly $110 per square foot.

What is the average cost per square foot in Morehead?

In 2026, homes in Morehead sell for an average of around $110 per square foot, with a typical range between $110 and $110 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Morehead is about 1500 square feet, with an estimated 2026 value around $165,000.



Locations close to Morehead, KY

Mount Sterling, KY123 $ / ft²
Nicholasville, KY232 $ / ft²
Olympia, KY98 $ / ft²
Moorefield, KY120 $ / ft²
Millersburg, KY170 $ / ft²
Midway, KY208 $ / ft²
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