Hopkins County, Kentucky Housing Market
In Hopkins County, Kentucky, the median home value is $142,800, with a median monthly rent of $837. This places Hopkins County at #2336 nationally out of 3134 counties by median home value, and #65 within Kentucky.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,106
- Establishments: 1,154
- BLS QCEW, 2025
Housing Supply
- Single-family: 94
- Multi-family: 107
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,762 (avg $66,263)
- Outflow: 16,036 (avg $66,859)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Hopkins County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 42413 | 265.2 | +11.21% | 2025 |
| 2 | 42431 | 248.7 | +4.75% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hopkins County Compares
| Metric | Hopkins County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $142,800 | $160,835 | $227,706 |
| Median Gross Rent | $837 | $793 | $968 |
| Owner Occupancy Rate | 70.7% | 73.4% | 73.3% |
| Price/Rent Ratio | 14.2 | 16.6 | 18.7 |
Market Analysis
The median home value in Hopkins County is 11.2% below the Kentucky state average and 37.3% below the U.S. national average. The median rent of $837/month is 5.5% above the state average.
With a price-to-rent ratio of 14.2, buying a home in Hopkins 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.
Hopkins County has an owner-occupancy rate of 70.7%, 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 |
|---|---|---|---|
| Charlton County | Georgia | $142,800 | $540 |
| Marshall County | Illinois | $142,800 | $782 |
| Monona County | Iowa | $142,900 | $855 |
| Monroe County | Ohio | $142,700 | $672 |
| Brunswick County | Virginia | $142,700 | $834 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hancock County | $141,200 | $740 | 77.2% |
| Powell County | $141,100 | $747 | 68.2% |
| Cumberland County | $141,100 | $523 | 75.5% |
| Carroll County | $140,900 | $910 | 65.7% |
| Ballard County | $145,800 | $817 | 76.0% |
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).