Knott County, Kentucky Housing Market

In Knott County, Kentucky, the median home value is $77,000, with a median monthly rent of $756. This places Knott County at #3099 nationally out of 3134 counties by median home value, and #115 within Kentucky.

Median Home Value $77,000
Median Rent $756/mo
Owner Occupancy 72.7%
Price/Rent Ratio 8.5

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

1,521
jobs (private sector)
  • Avg weekly wage: $814
  • Establishments: 264
  • BLS QCEW, 2025
🚚

Migration Patterns

+122
net migration (filers, 2021-2022)
  • Inflow: 4,197 (avg $53,872)
  • Outflow: 4,075 (avg $54,226)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 41701 182.3 -0.02% 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 Knott County Compares

MetricKnott CountyKentucky AverageU.S. Average
Median Home Value $77,000 $160,835 $227,706
Median Gross Rent $756 $793 $968
Owner Occupancy Rate 72.7% 73.4% 73.3%
Price/Rent Ratio 8.5 16.6 18.7

Market Analysis

The median home value in Knott County is 52.1% below the Kentucky state average and 66.2% below the U.S. national average. The median rent of $756/month is 4.7% below the state average.

With a price-to-rent ratio of 8.5, buying a home in Knott 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.

Knott County has an owner-occupancy rate of 72.7%, 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

CountyStateMedian Home ValueMedian Rent
Appling County Georgia $76,700 $739
St. Helena Parish Louisiana $77,300 $870
Knox County Texas $77,300 $521
Allendale County South Carolina $76,200 $662
Garza County Texas $77,800 $838

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Wolfe County $75,800 $501 73.6%
Fulton County $79,100 $570 61.8%
Owsley County $80,100 $448 70.1%
Harlan County $73,700 $678 71.6%
Breathitt County $70,300 $548 76.6%

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).