Grayson County, Kentucky Housing Market

In Grayson County, Kentucky, the median home value is $164,600, with a median monthly rent of $658. This places Grayson County at #1911 nationally out of 3134 counties by median home value, and #51 within Kentucky.

Median Home Value $164,600
Median Rent $658/mo
Owner Occupancy 74.6%
Price/Rent Ratio 20.8

📈 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 Grayson County rose +3.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,919
jobs (private sector)
  • Avg weekly wage: $888
  • Establishments: 651
  • BLS QCEW, 2025
🏗️

Housing Supply

36
new units authorized (2025)
  • Single-family: 12
  • Multi-family: 24
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+506
net migration (filers, 2021-2022)
  • Inflow: 9,592 (avg $55,585)
  • Outflow: 9,086 (avg $55,623)
  • IRS Statistics of Income

How Grayson County Compares

MetricGrayson CountyKentucky AverageU.S. Average
Median Home Value $164,600 $160,835 $227,706
Median Gross Rent $658 $793 $968
Owner Occupancy Rate 74.6% 73.4% 73.3%
Price/Rent Ratio 20.8 16.6 18.7

Market Analysis

The median home value in Grayson County is 2.3% above the Kentucky state average and 27.7% below the U.S. national average. The median rent of $658/month is 17.0% below the state average.

With a price-to-rent ratio of 20.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Grayson County has an owner-occupancy rate of 74.6%, 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
Val Verde County Texas $164,600 $994
Winnebago County Illinois $164,500 $1,021
Iberia Parish Louisiana $164,500 $897
Marshall County Minnesota $164,500 $690
Tyrrell County North Carolina $164,500 $644

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Logan County $164,900 $751 74.3%
Robertson County $165,100 $548 79.5%
Russell County $163,200 $681 70.8%
Todd County $166,700 $851 76.0%
Pulaski County $166,900 $803 72.5%

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).