Barren County, Kentucky Housing Market

In Barren County, Kentucky, the median home value is $178,000, with a median monthly rent of $796. This places Barren County at #1667 nationally out of 3134 counties by median home value, and #38 within Kentucky.

Median Home Value $178,000
Median Rent $796/mo
Owner Occupancy 65.2%
Price/Rent Ratio 18.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Barren County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,333
jobs (private sector)
  • Avg weekly wage: $983
  • Establishments: 1,266
  • BLS QCEW, 2025
🏗️

Housing Supply

204
new units authorized (2025)
  • Single-family: 178
  • Multi-family: 26
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1013
net migration (filers, 2021-2022)
  • Inflow: 16,869 (avg $58,611)
  • Outflow: 15,856 (avg $58,170)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Barren County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 42127 288.6 +28.31% 2025
2 42749 247.2 +8.76% 2025
3 42141 234.4 -1.94% 2025
4 42171 227.8 +2.11% 2025

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.

How Barren County Compares

MetricBarren CountyKentucky AverageU.S. Average
Median Home Value $178,000 $160,835 $227,706
Median Gross Rent $796 $793 $968
Owner Occupancy Rate 65.2% 73.4% 73.3%
Price/Rent Ratio 18.6 16.6 18.7

Market Analysis

The median home value in Barren County is 10.7% above the Kentucky state average and 21.8% below the U.S. national average. The median rent of $796/month is about equal to the state average.

With a price-to-rent ratio of 18.6, the buy-vs-rent decision in Barren County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Barren County has an owner-occupancy rate of 65.2%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Madison County Arkansas $178,100 $729
Delaware County Iowa $177,900 $764
Benton County Missouri $177,900 $773
Florence County South Carolina $177,900 $954
Gallatin County Kentucky $178,200 $832

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Gallatin County $178,200 $832 75.1%
Washington County $179,200 $744 77.6%
Taylor County $174,200 $718 68.8%
Marshall County $173,800 $798 81.6%
Christian County $173,600 $1,040 50.0%

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).