Lewis County, Kentucky Housing Market
In Lewis County, Kentucky, the median home value is $96,000, with a median monthly rent of $751. This places Lewis County at #2974 nationally out of 3134 counties by median home value, and #105 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: $927
- Establishments: 250
- BLS QCEW, 2025
Migration Patterns
- Inflow: 4,374 (avg $49,170)
- Outflow: 4,180 (avg $49,974)
- IRS Statistics of Income
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| Metric | Lewis County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $96,000 | $160,835 | $227,706 |
| Median Gross Rent | $751 | $793 | $968 |
| Owner Occupancy Rate | 79.2% | 73.4% | 73.3% |
| Price/Rent Ratio | 10.7 | 16.6 | 18.7 |
Market Analysis
The median home value in Lewis County is 40.3% below the Kentucky state average and 57.8% below the U.S. national average. The median rent of $751/month is 5.3% below the state average.
With a price-to-rent ratio of 10.7, buying a home in Lewis 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.
Lewis County has an owner-occupancy rate of 79.2%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Morton County | Kansas | $96,100 | $632 |
| Kiowa County | Oklahoma | $96,100 | $780 |
| Madison Parish | Louisiana | $96,200 | $649 |
| Nolan County | Texas | $96,300 | $913 |
| Prairie County | Arkansas | $96,400 | $625 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Floyd County | $98,700 | $672 | 72.2% |
| Perry County | $91,800 | $798 | 70.4% |
| Clay County | $90,700 | $724 | 76.4% |
| Bell County | $89,000 | $592 | 58.8% |
| Magoffin County | $89,000 | $730 | 75.4% |
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).