Fleming County, Kentucky Housing Market

In Fleming County, Kentucky, the median home value is $134,700, with a median monthly rent of $715. This places Fleming County at #2441 nationally out of 3134 counties by median home value, and #72 within Kentucky.

Median Home Value $134,700
Median Rent $715/mo
Owner Occupancy 74.8%
Price/Rent Ratio 15.7

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,496
jobs (private sector)
  • Avg weekly wage: $932
  • Establishments: 404
  • BLS QCEW, 2025
🚚

Migration Patterns

+407
net migration (filers, 2021-2022)
  • Inflow: 5,569 (avg $53,129)
  • Outflow: 5,162 (avg $53,311)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 41056 179.2 +4.45% 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 Fleming County Compares

MetricFleming CountyKentucky AverageU.S. Average
Median Home Value $134,700 $160,835 $227,706
Median Gross Rent $715 $793 $968
Owner Occupancy Rate 74.8% 73.4% 73.3%
Price/Rent Ratio 15.7 16.6 18.7

Market Analysis

The median home value in Fleming County is 16.2% below the Kentucky state average and 40.8% below the U.S. national average. The median rent of $715/month is 9.8% below the state average.

With a price-to-rent ratio of 15.7, the buy-vs-rent decision in Fleming County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Fleming County has an owner-occupancy rate of 74.8%, 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
Kittson County Minnesota $134,800 $757
Towner County North Dakota $134,800 $757
Eastland County Texas $134,800 $866
Henry County Virginia $134,800 $728
Stephenson County Illinois $134,900 $798

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Greenup County $134,000 $860 80.3%
Wayne County $135,700 $727 69.1%
Casey County $136,300 $670 79.7%
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).