Harlan County, Kentucky Housing Market
In Harlan County, Kentucky, the median home value is $73,700, with a median monthly rent of $678. This places Harlan County at #3106 nationally out of 3134 counties by median home value, and #117 within Kentucky.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2023
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $859
- Establishments: 454
- BLS QCEW, 2025
Migration Patterns
- Inflow: 7,504 (avg $41,135)
- Outflow: 7,288 (avg $41,301)
- IRS Statistics of Income
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| Metric | Harlan County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $73,700 | $160,835 | $227,706 |
| Median Gross Rent | $678 | $793 | $968 |
| Owner Occupancy Rate | 71.6% | 73.4% | 73.3% |
| Price/Rent Ratio | 9.1 | 16.6 | 18.7 |
Market Analysis
The median home value in Harlan County is 54.2% below the Kentucky state average and 67.6% below the U.S. national average. The median rent of $678/month is 14.5% below the state average.
With a price-to-rent ratio of 9.1, buying a home in Harlan 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.
Harlan County has an owner-occupancy rate of 71.6%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Willacy County | Texas | $73,600 | $809 |
| Lee County | Arkansas | $75,300 | $667 |
| Republic County | Kansas | $75,600 | $664 |
| Wolfe County | Kentucky | $75,800 | $501 |
| Webster County | West Virginia | $76,100 | $709 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wolfe County | $75,800 | $501 | 73.6% |
| Knott County | $77,000 | $756 | 72.7% |
| Breathitt County | $70,300 | $548 | 76.6% |
| Leslie County | $69,000 | $585 | 85.5% |
| Fulton County | $79,100 | $570 | 61.8% |
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).