Bullitt County, Kentucky Housing Market
In Bullitt County, Kentucky, the median home value is $247,200, with a median monthly rent of $987. This places Bullitt County at #912 nationally out of 3134 counties by median home value, and #12 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: $1,067
- Establishments: 1,843
- BLS QCEW, 2025
Housing Supply
- Single-family: 242
- Multi-family: 412
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 34,187 (avg $70,997)
- Outflow: 32,781 (avg $71,207)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 9 active ZIP codes in Bullitt County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40109 | 246.4 | — | 2025 |
| 2 | 40150 | 243.7 | +1.98% | 2025 |
| 3 | 40272 | 230.3 | +1.87% | 2025 |
| 4 | 40013 | 229.9 | +6.01% | 2025 |
| 5 | 40229 | 233.6 | +2.30% | 2025 |
| 6 | 40071 | 239.3 | +2.16% | 2025 |
| 7 | 40299 | 227.8 | +3.35% | 2025 |
| 8 | 40047 | 232.2 | +6.78% | 2025 |
| 9 | 40165 | 214.9 | +2.23% | 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 Bullitt County Compares
| Metric | Bullitt County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $247,200 | $160,835 | $227,706 |
| Median Gross Rent | $987 | $793 | $968 |
| Owner Occupancy Rate | 84.9% | 73.4% | 73.3% |
| Price/Rent Ratio | 20.9 | 16.6 | 18.7 |
Market Analysis
The median home value in Bullitt County is 53.7% above the Kentucky state average and 8.6% above the U.S. national average. The median rent of $987/month is 24.5% above the state average.
With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Bullitt County has an owner-occupancy rate of 84.9%, 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 |
|---|---|---|---|
| Portsmouth city | Virginia | $246,900 | $1,300 |
| Dolores County | Colorado | $247,600 | $986 |
| Lake County | South Dakota | $247,600 | $947 |
| Coffee County | Tennessee | $246,800 | $913 |
| Granville County | North Carolina | $247,700 | $1,008 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jefferson County | $248,400 | $1,149 | 62.1% |
| Kenton County | $244,400 | $1,069 | 70.7% |
| Campbell County | $252,000 | $1,145 | 71.1% |
| Nelson County | $238,000 | $1,008 | 78.3% |
| Warren County | $258,000 | $1,002 | 55.6% |
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).