Marshall County, Kentucky Housing Market

In Marshall County, Kentucky, the median home value is $173,800, with a median monthly rent of $798. This places Marshall County at #1722 nationally out of 3134 counties by median home value, and #40 within Kentucky.

Median Home Value $173,800
Median Rent $798/mo
Owner Occupancy 81.6%
Price/Rent Ratio 18.1

📈 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 Marshall County rose +8.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,805
jobs (private sector)
  • Avg weekly wage: $1,241
  • Establishments: 1,014
  • BLS QCEW, 2025
🏗️

Housing Supply

86
new units authorized (2025)
  • Single-family: 84
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+772
net migration (filers, 2021-2022)
  • Inflow: 12,760 (avg $69,072)
  • Outflow: 11,988 (avg $69,103)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Marshall County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 42029 245.6 +4.72% 2025
2 42044 289.3 +2.46% 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 Marshall County Compares

MetricMarshall CountyKentucky AverageU.S. Average
Median Home Value $173,800 $160,835 $227,706
Median Gross Rent $798 $793 $968
Owner Occupancy Rate 81.6% 73.4% 73.3%
Price/Rent Ratio 18.1 16.6 18.7

Market Analysis

The median home value in Marshall County is 8.1% above the Kentucky state average and 23.7% below the U.S. national average. The median rent of $798/month is 0.6% above the state average.

With a price-to-rent ratio of 18.1, the buy-vs-rent decision in Marshall County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Marshall County has an owner-occupancy rate of 81.6%, 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
Boone County Nebraska $173,700 $850
Barnes County North Dakota $173,700 $779
Linn County Kansas $173,600 $691
Christian County Kentucky $173,600 $1,040
Gage County Nebraska $174,000 $774

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Christian County $173,600 $1,040 50.0%
Taylor County $174,200 $718 68.8%
Montgomery County $172,200 $830 68.3%
Trimble County $172,000 $863 79.7%
Henderson County $171,900 $777 64.9%

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).