Boyle County, Kentucky Housing Market
In Boyle County, Kentucky, the median home value is $209,900, with a median monthly rent of $778. This places Boyle County at #1304 nationally out of 3134 counties by median home value, and #21 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: $1,077
- Establishments: 1,018
- BLS QCEW, 2025
Housing Supply
- Single-family: 92
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,082 (avg $70,990)
- Outflow: 10,447 (avg $70,637)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Boyle County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40422 | 232.0 | +0.04% | 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 Boyle County Compares
| Metric | Boyle County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $209,900 | $160,835 | $227,706 |
| Median Gross Rent | $778 | $793 | $968 |
| Owner Occupancy Rate | 68.0% | 73.4% | 73.3% |
| Price/Rent Ratio | 22.5 | 16.6 | 18.7 |
Market Analysis
The median home value in Boyle County is 30.5% above the Kentucky state average and 7.8% below the U.S. national average. The median rent of $778/month is 1.9% below the state average.
With a price-to-rent ratio of 22.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Boyle County has an owner-occupancy rate of 68.0%, 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 |
|---|---|---|---|
| Jo Daviess County | Illinois | $209,900 | $825 |
| Victoria County | Texas | $209,900 | $1,157 |
| Colorado County | Texas | $209,800 | $926 |
| Monroe County | Wisconsin | $210,000 | $914 |
| Lincoln Parish | Louisiana | $210,100 | $825 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Grant County | $209,500 | $862 | 75.1% |
| Meade County | $207,900 | $1,026 | 74.1% |
| Trigg County | $207,700 | $803 | 76.9% |
| Clark County | $205,800 | $938 | 70.7% |
| Garrard County | $204,900 | $794 | 79.9% |
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).