Mortgage payment estimates, closing cost breakdowns, and homebuying data for Hopkinsville, Kentucky.
Pre-filled with Hopkinsville median home price and Kentucky tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kentucky rates and fees applied to Hopkinsville prices.
The median home price in Hopkinsville is $155,000, 26% below the Kentucky state median of $210,000. With a population of 30,089, Hopkinsville is a smaller market where home prices tend to be more accessible than in many parts of Kentucky.
Property taxes in Kentucky average 0.83% annually. This moderate property tax rate means a $155,000 home in Hopkinsville would carry roughly $107/month in property taxes. Homeowners insurance in Kentucky runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Hopkinsville is $820/month. The price-to-rent ratio in Hopkinsville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Hopkinsville offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Kentucky's KHC Regular DAP program.