Boyd County, Kentucky Housing Market
In Boyd County, Kentucky, the median home value is $130,700, with a median monthly rent of $849. This places Boyd County at #2483 nationally out of 3134 counties by median home value, and #76 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: $1,209
- Establishments: 1,725
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,868 (avg $64,731)
- Outflow: 15,929 (avg $65,832)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Boyd County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 41101 | 192.9 | +7.24% | 2025 |
| 2 | 41102 | 193.3 | +1.35% | 2025 |
| 3 | 41129 | 199.7 | +1.06% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Boyd County Compares
| Metric | Boyd County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $130,700 | $160,835 | $227,706 |
| Median Gross Rent | $849 | $793 | $968 |
| Owner Occupancy Rate | 70.2% | 73.4% | 73.3% |
| Price/Rent Ratio | 12.8 | 16.6 | 18.7 |
Market Analysis
The median home value in Boyd County is 18.7% below the Kentucky state average and 42.6% below the U.S. national average. The median rent of $849/month is 7.1% above the state average.
With a price-to-rent ratio of 12.8, buying a home in Boyd County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Boyd County has an owner-occupancy rate of 70.2%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Geneva County | Alabama | $130,700 | $784 |
| Fayette County | Illinois | $130,700 | $798 |
| Fayette County | Indiana | $130,700 | $791 |
| Clark County | Missouri | $130,700 | $612 |
| Steele County | North Dakota | $130,700 | $738 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bath County | $129,800 | $659 | 74.7% |
| Whitley County | $131,800 | $798 | 66.8% |
| Carter County | $132,800 | $740 | 80.0% |
| Muhlenberg County | $127,400 | $718 | 78.8% |
| Greenup County | $134,000 | $860 | 80.3% |
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).