Casey County, Kentucky Housing Market

In Casey County, Kentucky, the median home value is $136,300, with a median monthly rent of $670. This places Casey County at #2418 nationally out of 3134 counties by median home value, and #70 within Kentucky.

Median Home Value $136,300
Median Rent $670/mo
Owner Occupancy 79.7%
Price/Rent Ratio 17.0

📈 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 Casey County rose +1.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,289
jobs (private sector)
  • Avg weekly wage: $945
  • Establishments: 345
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 2
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+350
net migration (filers, 2021-2022)
  • Inflow: 5,328 (avg $47,303)
  • Outflow: 4,978 (avg $47,000)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Casey County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 40484 258.0 +7.15% 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 Casey County Compares

MetricCasey CountyKentucky AverageU.S. Average
Median Home Value $136,300 $160,835 $227,706
Median Gross Rent $670 $793 $968
Owner Occupancy Rate 79.7% 73.4% 73.3%
Price/Rent Ratio 17.0 16.6 18.7

Market Analysis

The median home value in Casey County is 15.3% below the Kentucky state average and 40.1% below the U.S. national average. The median rent of $670/month is 15.5% below the state average.

With a price-to-rent ratio of 17.0, the buy-vs-rent decision in Casey County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Casey County has an owner-occupancy rate of 79.7%, 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
Clay County Tennessee $136,400 $557
Jasper County Texas $136,400 $848
Escambia County Alabama $136,500 $766
Des Moines County Iowa $136,500 $904
Seward County Kansas $136,500 $905

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Wayne County $135,700 $727 69.1%
Fleming County $134,700 $715 74.8%
Greenup County $134,000 $860 80.3%
Carter County $132,800 $740 80.0%
Whitley County $131,800 $798 66.8%

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).