Marion County, Kentucky Housing Market

In Marion County, Kentucky, the median home value is $168,100, with a median monthly rent of $726. This places Marion County at #1846 nationally out of 3134 counties by median home value, and #46 within Kentucky.

Median Home Value $168,100
Median Rent $726/mo
Owner Occupancy 77.7%
Price/Rent Ratio 19.3

📈 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 Marion County rose +18.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,969
jobs (private sector)
  • Avg weekly wage: $1,004
  • Establishments: 522
  • BLS QCEW, 2025
🏗️

Housing Supply

56
new units authorized (2025)
  • Single-family: 33
  • Multi-family: 23
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+283
net migration (filers, 2021-2022)
  • Inflow: 7,462 (avg $57,682)
  • Outflow: 7,179 (avg $58,348)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Marion County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 40069 243.8 +13.49% 2025
2 40033 270.5 +14.14% 2025
3 40037 213.1 -6.15% 2024

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 Marion County Compares

MetricMarion CountyKentucky AverageU.S. Average
Median Home Value $168,100 $160,835 $227,706
Median Gross Rent $726 $793 $968
Owner Occupancy Rate 77.7% 73.4% 73.3%
Price/Rent Ratio 19.3 16.6 18.7

Market Analysis

The median home value in Marion County is 4.5% above the Kentucky state average and 26.2% below the U.S. national average. The median rent of $726/month is 8.4% below the state average.

With a price-to-rent ratio of 19.3, the buy-vs-rent decision in Marion County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Marion County has an owner-occupancy rate of 77.7%, 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

CountyStateMedian Home ValueMedian Rent
Bethel Census Area Alaska $168,100 $1,474
Cedar County Missouri $168,100 $767
Forrest County Mississippi $168,000 $972
Douglas County Missouri $168,200 $700
Ralls County Missouri $168,200 $749

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Owen County $168,700 $830 88.0%
Pulaski County $166,900 $803 72.5%
Todd County $166,700 $851 76.0%
Robertson County $165,100 $548 79.5%
Logan County $164,900 $751 74.3%

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).