"Kentucky scored 58 overall, landing among the better-performing states nationwide. The median listing price of $304,296 in 2024 is well below the national average, while the median household income of $62,837 keeps homeownership within reach for much of the population. The Realtor Affordability Score came in at 0.75, indicating that typical Kentucky buyers can still afford a broad range of available listings."
"Hoping to spur on action, President Donald Trump recently put pressure on large homebuilders to increase construction nationwide. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices - likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes.""
Kentucky achieved a C+ grade and a score of 58, reflecting relative strength in affordability and construction balance. The 2024 median listing price of $304,296 sits well below the national average, while median household income of $62,837 keeps homeownership accessible. The Realtor Affordability Score of 0.75 shows a wide range of listings remain affordable to typical buyers. New construction remains healthy, with Kentucky accounting for 1.1% of national new home permits and a permit-to-population ratio that matches demand. A 32.3% new-construction premium indicates new homes remain attractively priced for buyers. Nationally, pressure on builders to increase supply has intensified.
Read at SFGATE
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