Lyon County, Kentucky Housing Market
In Lyon County, Kentucky, the median home value is $189,500, with a median monthly rent of $747. This places Lyon County at #1522 nationally out of 3134 counties by median home value, and #32 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: $842
- Establishments: 250
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,030 (avg $71,728)
- Outflow: 2,697 (avg $70,615)
- IRS Statistics of Income
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| Metric | Lyon County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $189,500 | $160,835 | $227,706 |
| Median Gross Rent | $747 | $793 | $968 |
| Owner Occupancy Rate | 80.4% | 73.4% | 73.3% |
| Price/Rent Ratio | 21.1 | 16.6 | 18.7 |
Market Analysis
The median home value in Lyon County is 17.8% above the Kentucky state average and 16.8% below the U.S. national average. The median rent of $747/month is 5.8% below the state average.
With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Lyon County has an owner-occupancy rate of 80.4%, 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 |
|---|---|---|---|
| Effingham County | Illinois | $189,500 | $733 |
| Lincoln County | Nebraska | $189,500 | $900 |
| York County | Nebraska | $189,400 | $877 |
| Unicoi County | Tennessee | $189,600 | $750 |
| Bledsoe County | Tennessee | $189,400 | $830 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| McCracken County | $188,100 | $898 | 68.9% |
| Allen County | $192,300 | $844 | 74.5% |
| Larue County | $183,500 | $860 | 79.4% |
| Calloway County | $183,200 | $870 | 63.9% |
| Henry County | $197,900 | $895 | 76.3% |
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).