Butler County, Kentucky Housing Market

In Butler County, Kentucky, the median home value is $111,100, with a median monthly rent of $679. This places Butler County at #2781 nationally out of 3134 counties by median home value, and #101 within Kentucky.

Median Home Value $111,100
Median Rent $679/mo
Owner Occupancy 73.7%
Price/Rent Ratio 13.6

📈 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 Butler County rose +4.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,318
jobs (private sector)
  • Avg weekly wage: $960
  • Establishments: 278
  • BLS QCEW, 2025
🚚

Migration Patterns

+171
net migration (filers, 2021-2022)
  • Inflow: 4,414 (avg $54,775)
  • Outflow: 4,243 (avg $55,231)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 42261 266.6 +3.65% 2025
2 42276 250.6 +5.75% 2025
3 42320 250.0 +9.24% 2025
4 42101 250.1 +10.23% 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.

How Butler County Compares

MetricButler CountyKentucky AverageU.S. Average
Median Home Value $111,100 $160,835 $227,706
Median Gross Rent $679 $793 $968
Owner Occupancy Rate 73.7% 73.4% 73.3%
Price/Rent Ratio 13.6 16.6 18.7

Market Analysis

The median home value in Butler County is 30.9% below the Kentucky state average and 51.2% below the U.S. national average. The median rent of $679/month is 14.4% below the state average.

With a price-to-rent ratio of 13.6, buying a home in Butler 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.

Butler County has an owner-occupancy rate of 73.7%, 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
Kingman County Kansas $111,100 $846
Hamilton County Florida $111,200 $724
Hidalgo County New Mexico $111,000 $814
Twiggs County Georgia $111,300 $808
Wayne County Iowa $111,300 $659

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Jackson County $111,500 $665 77.4%
Lawrence County $111,700 $760 77.8%
Pike County $112,000 $858 75.3%
Metcalfe County $110,200 $582 77.7%
Webster County $112,900 $783 73.8%

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).