Johnson County, Kentucky Housing Market

In Johnson County, Kentucky, the median home value is $120,200, with a median monthly rent of $708. This places Johnson County at #2635 nationally out of 3134 counties by median home value, and #90 within Kentucky.

Median Home Value $120,200
Median Rent $708/mo
Owner Occupancy 68.3%
Price/Rent Ratio 14.1

📈 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 Johnson County rose +7.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,895
jobs (private sector)
  • Avg weekly wage: $870
  • Establishments: 570
  • BLS QCEW, 2025
🚚

Migration Patterns

+302
net migration (filers, 2021-2022)
  • Inflow: 6,848 (avg $55,277)
  • Outflow: 6,546 (avg $55,648)
  • IRS Statistics of Income

How Johnson County Compares

MetricJohnson CountyKentucky AverageU.S. Average
Median Home Value $120,200 $160,835 $227,706
Median Gross Rent $708 $793 $968
Owner Occupancy Rate 68.3% 73.4% 73.3%
Price/Rent Ratio 14.1 16.6 18.7

Market Analysis

The median home value in Johnson County is 25.3% below the Kentucky state average and 47.2% below the U.S. national average. The median rent of $708/month is 10.7% below the state average.

With a price-to-rent ratio of 14.1, buying a home in Johnson 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.

Johnson County has an owner-occupancy rate of 68.3%, 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
Sumter County Georgia $120,200 $857
Lucas County Iowa $120,200 $709
Webster County Mississippi $120,100 $632
Mason County West Virginia $120,300 $671
Carlisle County Kentucky $120,400 $792

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Carlisle County $120,400 $792 80.4%
Estill County $119,500 $711 70.4%
Ohio County $121,400 $739 77.2%
Knox County $118,700 $681 65.3%
Caldwell County $118,500 $767 70.2%

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).