Housing · Elsmere

Elsmere, KY housing market

The typical Elsmere home is worth about $222,000, down 7.4% in a year, close to the Kentucky typical home. Homes typically sell in 5 days, a little above asking.

Home values, sales, trends and how Elsmere compares with the towns next door — updated as new data is published.

The market right now

Elsmere at a glance

Typical home value
$222K
▼ 7.4% in a year · Zillow
Median sale price
$239K
May 2026 · Redfin
Days on market
5
Kentucky: 45 days
Sale-to-list
100.8%
Homes sell above asking
Homes sold
12
in May · 3 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

ElsmereKentucky
$100K$125K$150K$175K$200K$225K$250K 20182020202220242026 Elsmere $222K Kentucky $233K
Show as a table
JanuaryElsmereKentucky
2017$126,000$131,000
2018$128,000$138,000
2019$140,000$146,000
2020$153,000$155,000
2021$174,000$173,000
2022$195,000$191,000
2023$213,000$207,000
2024$229,000$216,000
2025$241,000$229,000
2026$235,000$233,000
August 2026$222,000$233,000
Nearby

Elsmere and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Elsmere $222K −7.4% 5 $60,503
Erlanger $248K 0% 4 $75,840
Independence $328K +3% 8 $102,361
Affordability

3.7 years of income

The typical Elsmere home costs about 3.7 years of the town's median household income, about the same as across Kentucky (3.7).

How Elsmere ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
75.1%
Kentucky: 68.3%
Median tax bill
$1,700
Kentucky: $1,544
Median rent
$1,351
Kentucky: $967
Typical home built
1970
Kentucky: 1982

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Elsmere

Kentucky · KY
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01