A typical Mount Sterling home is worth about $218,000
Up 3.3% in a year, 6% below the Kentucky typical home. Homes typically sell in 68 days, close to asking.
What kind of housing town is Mount Sterling?
Read from the numbers below. The page puts what stands out first.
A two-bedroom rents for about $1,050
Renters already here pay a median of $699, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
How Mount Sterling ranks on rent that’s easy to afford →
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lexington-Fayette, KY MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 of Mount Sterling’s houses are on the National Register
Half of Mount Sterling’s homes were built before 1975.
Kentucky: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
Up 36.5% in five years
Faster than Kentucky (25.2%).
Show as a table
| January | Mount Sterling | Kentucky |
|---|---|---|
| 2017 | $107,000 | $131,000 |
| 2018 | $116,000 | $138,000 |
| 2019 | $120,000 | $146,000 |
| 2020 | $133,000 | $155,000 |
| 2021 | $149,000 | $173,000 |
| 2022 | $166,000 | $191,000 |
| 2023 | $184,000 | $207,000 |
| 2024 | $195,000 | $216,000 |
| 2025 | $203,000 | $229,000 |
| 2026 | $211,000 | $233,000 |
| August 2026 | $218,000 | $233,000 |
A typical Mount Sterling home worth $108K in September 2016 is worth about $218K today.
How Mount Sterling ranks on rising home prices →
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A balanced market
About 4.7 months of supply: neither buyers nor sellers have a clear edge.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
A typical home costs 3.9 years of income
About the same as across Kentucky. Try your own numbers below.
That covers a typical Mount Sterling home, with $5K to spare.
A two-bedroom rents for about $1,050 a month here, $230 less than owning.
How Mount Sterling ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mount Sterling’s typical property tax (0.76% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
14 new homes permitted in 2025
Builders were permitted 14 new homes in Mount Sterling in 2025, all single-family houses, worth about $3.9 million to build. That's 1.9 per 1,000 residents, slower than across Kentucky (6.5). Over the past 10 years, Mount Sterling has permitted 198 homes in all.
Between the 2010 and 2020 censuses, Mount Sterling gained 663 residents while 207 new homes were permitted: about 3.2 new residents per new home. Building and growth moved roughly in step. Across Kentucky: 1.6 new residents per new home.
How Mount Sterling ranks on housing keeping up with growth →
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 10 | 10 | 0 | $2.8 million |
| 2025 | 14 | 14 | 0 | $3.9 million |
| 2024 | 16 | 16 | 0 | $4.6 million |
| 2023 | 6 | 4 | 2 | $2.5 million |
| 2022 | 11 | 11 | 0 | $3.3 million |
| 2021 | 7 | 5 | 2 | $1.4 million |
| 2020 | 8 | 4 | 4 | $1.3 million |
| 2019 | 39 | 22 | 17 | $4.6 million |
| 2018 | 44 | 20 | 24 | $4.8 million |
| 2017 | 35 | 18 | 17 | $3.8 million |
| 2016 | 18 | 4 | 14 | $1.8 million |
| 2015 | 5 | 5 | 0 | $652,000 |
| 2014 | 14 | 14 | 0 | $2 million |
| 2013 | 28 | 28 | 0 | $3.7 million |
| 2012 | 12 | 10 | 2 | $1.2 million |
| 2011 | 5 | 3 | 2 | $730,000 |
| 2010 | 7 | 7 | 0 | $705,000 |
| 2009 | 12 | 4 | 8 | $923,000 |
| 2008 | 31 | 19 | 12 | $2.8 million |
| 2007 | 34 | 28 | 6 | $4.3 million |
| 2006 | 136 | 24 | 112 | $4.6 million |
| 2005 | 70 | 64 | 6 | $8.4 million |
| 2004 | 91 | 77 | 14 | $9.5 million |
| 2003 | 67 | 63 | 4 | $5.5 million |
| 2002 | 43 | 15 | 28 | $2.9 million |
| 2001 | 51 | 19 | 32 | $3.7 million |
| 2000 | 32 | 24 | 8 | $3.2 million |
Mount Sterling's permit office reported 2 of 12 months in 2025; the Census estimated the rest.
How Mount Sterling ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
On the market in Mount Sterling
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Mount Sterling buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.