Bath County, Kentucky Housing Market

In Bath County, Kentucky, the median home value is $129,800, with a median monthly rent of $659. This places Bath County at #2495 nationally out of 3134 counties by median home value, and #77 within Kentucky.

Median Home Value $129,800
Median Rent $659/mo
Owner Occupancy 74.7%
Price/Rent Ratio 16.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2024

💡 Year-over-Year Trend: Home prices in Bath County fell -2.7% year-over-year as of 2024. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,400
jobs (private sector)
  • Avg weekly wage: $934
  • Establishments: 280
  • BLS QCEW, 2025
🚚

Migration Patterns

+157
net migration (filers, 2021-2022)
  • Inflow: 4,180 (avg $48,383)
  • Outflow: 4,023 (avg $48,598)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Bath County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 40311 217.9 -0.67% 2025
2 40353 231.7 +2.10% 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 Bath County Compares

MetricBath CountyKentucky AverageU.S. Average
Median Home Value $129,800 $160,835 $227,706
Median Gross Rent $659 $793 $968
Owner Occupancy Rate 74.7% 73.4% 73.3%
Price/Rent Ratio 16.4 16.6 18.7

Market Analysis

The median home value in Bath County is 19.3% below the Kentucky state average and 43.0% below the U.S. national average. The median rent of $659/month is 16.9% below the state average.

With a price-to-rent ratio of 16.4, the buy-vs-rent decision in Bath County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Bath County has an owner-occupancy rate of 74.7%, 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

CountyStateMedian Home ValueMedian Rent
Morris County Kansas $129,600 $724
Bolivar County Mississippi $130,000 $685
Jefferson County Nebraska $129,500 $662
Beaver County Oklahoma $130,100 $790
Perry County Arkansas $130,200 $805

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Boyd County $130,700 $849 70.2%
Whitley County $131,800 $798 66.8%
Muhlenberg County $127,400 $718 78.8%
Crittenden County $127,300 $714 78.2%
Carter County $132,800 $740 80.0%

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).