Kentucky · as of September 2026
What counts as luxury real estate in Kentucky
The convention this site uses
In Kentucky, this site treats homes at $1M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Kentucky's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Prospect | $632,000 | 11 |
| Lexington | $285,000 | 10 |
| Louisville | $250,000 | 11 |
What changes at this price in Kentucky
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Kentucky charges a real estate transfer tax of $0.50 per $500 of value, which is 0.1 percent of the price, paid by the seller when the deed is recorded. Source
- Agency and dual agency
- Kentucky permits dual agency only with the written consent of both buyer and seller after disclosure, and licensees must provide the Commission's agency disclosure form. Source
- Seller disclosure
- Kentucky sellers of residential property must complete the Seller's Disclosure of Property Condition form prescribed by the Real Estate Commission when a licensee is involved in the sale. Source
- State estate or inheritance tax
- Kentucky has no estate tax but levies an inheritance tax. Spouses, children, parents, and siblings are exempt; more distant relatives pay 4 to 16 percent and unrelated heirs pay 6 to 16 percent after small exemptions. Source