The typical owner-occupied home in Sebree is worth about $106,500, 48% below the Kentucky median of $205,600 and 68% below the national median of $332,700. Owners pay a median $1,023 a year in property taxes, about 0.96% of their home's value, higher than the Kentucky rate of 0.75%. The median household earns $58,707 a year, so the median home costs 1.8 times the median income (3.2 times for Kentucky). 61% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Sebree at a glance
| Sebree | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $106,500 | $205,600 | $332,700 |
| Median property tax paid per year | $1,023 | $1,544 | $3,119 |
| Property tax as a share of value | 0.96% | 0.75% | 0.94% |
| Median household income | $58,707 | $63,726 | $80,734 |
| Homes lived in by their owners | 61% | 68% | 65% |
| Owner homes with a mortgage | 59% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,220 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 20.5% | 18.8% | 21.0% |
| Median rent | $862 | $967 | $1,413 |
| Rent as a share of renters' income | 17.9% | 28.1% | 30.6% |
| Median year homes were built | 1976 | 1982 | 1980 |
| Vacant homes | 8.0% | 10.3% | 10.1% |
| Population | 1,825 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Sebree
At this week's average 30-year rate of 7.11%, buying the median Sebree home of $106,500 with 20% down costs about $703 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $880, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $30,117 for the 20%-down payment. That payment is 14% of the median Sebree household income of $58,707; at that income and 20% down, the 28% guideline points to a home of about $208,000.
The median rent here is $862 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,300 |
|---|---|
| Loan amount | $85,200 |
| Principal and interest | $573 |
| Property taxes (0.96% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $703 |
Change the numbers in the calculator
| Down payment | $3,728 |
|---|---|
| Loan amount | $104,571 |
| Principal and interest | $703 |
| Property taxes (0.96% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $47 |
| Total per month | $880 |
Change the numbers in the calculator
Questions about home buying in Sebree
What is the median home value in Sebree?
About $106,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sebree?
Homeowners pay a median $1,023 a year, which is about 0.96% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Sebree?
For the median home with 20% down at 7.11%, the payment is about $703 a month. Keeping that under 28% of gross income takes about $30,117 a year.
More about Sebree
- Mortgage Refinance in Sebree
- Debt Relief in Sebree
- Home Equity Loans in Sebree
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data