Harrison County, Kentucky Housing Market

In Harrison County, Kentucky, the median home value is $202,100, with a median monthly rent of $765. This places Harrison County at #1377 nationally out of 3134 counties by median home value, and #28 within Kentucky.

Median Home Value $202,100
Median Rent $765/mo
Owner Occupancy 71.4%
Price/Rent Ratio 22.0

📈 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 Harrison County rose +1.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,398
jobs (private sector)
  • Avg weekly wage: $1,024
  • Establishments: 398
  • BLS QCEW, 2025
🏗️

Housing Supply

68
new units authorized (2025)
  • Single-family: 68
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+394
net migration (filers, 2021-2022)
  • Inflow: 7,299 (avg $60,896)
  • Outflow: 6,905 (avg $61,070)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 40370 227.1 -9.82% 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 Harrison County Compares

MetricHarrison CountyKentucky AverageU.S. Average
Median Home Value $202,100 $160,835 $227,706
Median Gross Rent $765 $793 $968
Owner Occupancy Rate 71.4% 73.4% 73.3%
Price/Rent Ratio 22.0 16.6 18.7

Market Analysis

The median home value in Harrison County is 25.7% above the Kentucky state average and 11.2% below the U.S. national average. The median rent of $765/month is 3.5% below the state average.

With a price-to-rent ratio of 22.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Harrison County has an owner-occupancy rate of 71.4%, 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

CountyStateMedian Home ValueMedian Rent
Lycoming County Pennsylvania $202,200 $913
Mercer County Kentucky $202,300 $831
Rutherford County North Carolina $201,800 $783
Lackawanna County Pennsylvania $201,800 $1,007
Cameron Parish Louisiana $202,500 $1,688

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Mercer County $202,300 $831 75.9%
Daviess County $199,900 $918 68.1%
Garrard County $204,900 $794 79.9%
Clark County $205,800 $938 70.7%
Henry County $197,900 $895 76.3%

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).