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Advertise here →Mayfield, KY · Market Data
Mayfield, Kentucky real estate market data.
Real estate market data for Mayfield, KY (Graves County) — Census median home value $114,400, county listing prices up about 7.3% over the past year.
Mayfield, KY is in Graves County, Kentucky — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,905, with a median household income of $41,458. Census data puts Mayfield's median home value at $114,400.
At a glance
Mayfield market snapshot
Population
9,905
Median Household Income
$41,458
Median Home Value (city)
$114,400
Median Gross Rent
$598/mo
Price Trend (YoY)
+7.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Mayfield different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Mayfield's median home value — across all owner-occupied homes, not just recent sales — at $114,400.
County Price Trend
Graves County's FHFA house price index shows a 7.3% annual change in 2025.
Population & Income
Mayfield has an estimated population of 9,905 and a median household income of $41,458, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Mayfield's Census-reported median home value works out to about 2.8x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Mayfield FAQ
What are home values like in Mayfield, KY?
The Census Bureau's American Community Survey puts Mayfield's median home value at $114,400.
What is the population of Mayfield, KY?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mayfield's population at approximately 9,905.
What's the median rent in Mayfield, KY?
The Census ACS estimates median gross rent in Mayfield at approximately $598 per month.
What is the median household income in Mayfield, KY?
Census ACS data puts the median household income in Mayfield at approximately $41,458.
Is the Mayfield housing market growing?
Graves County's FHFA house price index shows a 7.3% annual change in 2025.
Is Mayfield, KY affordable relative to income?
Census ACS data puts Mayfield's median home value at about 2.8 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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