Anderson County, Kentucky Housing Market
In Anderson County, Kentucky, the median home value is $225,100, with a median monthly rent of $927. This places Anderson County at #1128 nationally out of 3134 counties by median home value, and #19 within Kentucky.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $998
- Establishments: 544
- BLS QCEW, 2025
Housing Supply
- Single-family: 139
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,679 (avg $65,792)
- Outflow: 9,139 (avg $65,991)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Anderson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40372 | 245.5 | -6.06% | 2025 |
| 2 | 40342 | 228.6 | +4.42% | 2025 |
| 3 | 40076 | 275.8 | +3.41% | 2024 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Anderson County on Our Sister Sites
Get the complete picture for Anderson County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Anderson County Compares
| Metric | Anderson County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $225,100 | $160,835 | $227,706 |
| Median Gross Rent | $927 | $793 | $968 |
| Owner Occupancy Rate | 77.6% | 73.4% | 73.3% |
| Price/Rent Ratio | 20.2 | 16.6 | 18.7 |
Market Analysis
The median home value in Anderson County is 40.0% above the Kentucky state average and 1.1% below the U.S. national average. The median rent of $927/month is 16.9% above the state average.
With a price-to-rent ratio of 20.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Anderson County has an owner-occupancy rate of 77.6%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Itasca County | Minnesota | $225,200 | $988 |
| Prince of Wales-Hyder Census Area | Alaska | $225,300 | $964 |
| Lewis County | Idaho | $225,300 | $737 |
| Floyd County | Virginia | $225,400 | $878 |
| Modoc County | California | $224,700 | $836 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hardin County | $225,800 | $971 | 62.6% |
| Bourbon County | $229,300 | $822 | 63.7% |
| Simpson County | $229,400 | $1,012 | 66.7% |
| Madison County | $232,000 | $889 | 62.0% |
| Franklin County | $216,600 | $967 | 64.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).