McCreary County, Kentucky Housing Market
In McCreary County, Kentucky, the median home value is $85,300, with a median monthly rent of $577. This places McCreary County at #3052 nationally out of 3134 counties by median home value, and #111 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: $729
- Establishments: 266
- BLS QCEW, 2025
Migration Patterns
- Inflow: 4,481 (avg $41,319)
- Outflow: 4,206 (avg $41,834)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in McCreary County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40769 | 202.5 | +31.08% | 2022 |
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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How McCreary County Compares
| Metric | McCreary County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $85,300 | $160,835 | $227,706 |
| Median Gross Rent | $577 | $793 | $968 |
| Owner Occupancy Rate | 74.2% | 73.4% | 73.3% |
| Price/Rent Ratio | 12.3 | 16.6 | 18.7 |
Market Analysis
The median home value in McCreary County is 47.0% below the Kentucky state average and 62.5% below the U.S. national average. The median rent of $577/month is 27.2% below the state average.
With a price-to-rent ratio of 12.3, buying a home in McCreary 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.
McCreary County has an owner-occupancy rate of 74.2%, 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 |
|---|---|---|---|
| Sioux County | North Dakota | $85,400 | $444 |
| Dillon County | South Carolina | $85,400 | $679 |
| Pulaski County | Illinois | $85,100 | $634 |
| Dimmit County | Texas | $85,500 | $823 |
| McPherson County | South Dakota | $85,600 | $594 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lee County | $83,900 | $603 | 77.7% |
| Martin County | $86,900 | $450 | 84.9% |
| Bell County | $89,000 | $592 | 58.8% |
| Magoffin County | $89,000 | $730 | 75.4% |
| Owsley County | $80,100 | $448 | 70.1% |
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).