Knox County, Kentucky Housing Market
In Knox County, Kentucky, the median home value is $118,700, with a median monthly rent of $681. This places Knox County at #2661 nationally out of 3134 counties by median home value, and #92 within Kentucky.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $867
- Establishments: 558
- BLS QCEW, 2025
Migration Patterns
- Inflow: 9,774 (avg $47,293)
- Outflow: 9,415 (avg $47,605)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Knox County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40701 | 224.0 | +3.33% | 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.
🔗 Explore Knox County on Our Sister Sites
Get the complete picture for Knox County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Knox County Compares
| Metric | Knox County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $118,700 | $160,835 | $227,706 |
| Median Gross Rent | $681 | $793 | $968 |
| Owner Occupancy Rate | 65.3% | 73.4% | 73.3% |
| Price/Rent Ratio | 14.5 | 16.6 | 18.7 |
Market Analysis
The median home value in Knox County is 26.2% below the Kentucky state average and 47.9% below the U.S. national average. The median rent of $681/month is 14.1% below the state average.
With a price-to-rent ratio of 14.5, buying a home in Knox 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.
Knox County has an owner-occupancy rate of 65.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Keokuk County | Iowa | $118,700 | $828 |
| Calhoun County | Iowa | $118,800 | $723 |
| Morehouse Parish | Louisiana | $118,800 | $839 |
| Roosevelt County | Montana | $118,800 | $705 |
| Wise County | Virginia | $118,600 | $790 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Caldwell County | $118,500 | $767 | 70.2% |
| Morgan County | $118,200 | $663 | 78.9% |
| Estill County | $119,500 | $711 | 70.4% |
| Johnson County | $120,200 | $708 | 68.3% |
| Carlisle County | $120,400 | $792 | 80.4% |
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).