Jessamine County, Kentucky Housing Market
In Jessamine County, Kentucky, the median home value is $268,100, with a median monthly rent of $1,124. This places Jessamine County at #791 nationally out of 3134 counties by median home value, and #8 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: $1,069
- Establishments: 2,012
- BLS QCEW, 2025
Housing Supply
- Single-family: 488
- Multi-family: 24
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 20,707 (avg $93,390)
- Outflow: 19,398 (avg $93,931)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Jessamine County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40383 | 237.5 | -1.39% | 2025 |
| 2 | 40390 | 250.1 | +4.04% | 2025 |
| 3 | 40356 | 239.4 | +2.92% | 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 Jessamine County Compares
| Metric | Jessamine County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $268,100 | $160,835 | $227,706 |
| Median Gross Rent | $1,124 | $793 | $968 |
| Owner Occupancy Rate | 66.7% | 73.4% | 73.3% |
| Price/Rent Ratio | 19.9 | 16.6 | 18.7 |
Market Analysis
The median home value in Jessamine County is 66.7% above the Kentucky state average and 17.7% above the U.S. national average. The median rent of $1,124/month is 41.7% above the state average.
With a price-to-rent ratio of 19.9, the buy-vs-rent decision in Jessamine County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Jessamine County has an owner-occupancy rate of 66.7%, 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 |
|---|---|---|---|
| Clearwater County | Idaho | $268,200 | $875 |
| Lee County | Texas | $267,800 | $1,067 |
| Holmes County | Ohio | $267,700 | $816 |
| Adams County | Pennsylvania | $268,500 | $1,115 |
| Monongalia County | West Virginia | $267,700 | $987 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Boone County | $277,300 | $1,373 | 76.3% |
| Warren County | $258,000 | $1,002 | 55.6% |
| Campbell County | $252,000 | $1,145 | 71.1% |
| Jefferson County | $248,400 | $1,149 | 62.1% |
| Scott County | $288,500 | $1,247 | 71.7% |
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).