Metcalfe County, Kentucky Housing Market

In Metcalfe County, Kentucky, the median home value is $110,200, with a median monthly rent of $582. This places Metcalfe County at #2792 nationally out of 3134 counties by median home value, and #102 within Kentucky.

Median Home Value $110,200
Median Rent $582/mo
Owner Occupancy 77.7%
Price/Rent Ratio 15.8

📈 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 Metcalfe County rose +6.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,604
jobs (private sector)
  • Avg weekly wage: $923
  • Establishments: 240
  • BLS QCEW, 2025
🚚

Migration Patterns

+195
net migration (filers, 2021-2022)
  • Inflow: 3,608 (avg $43,526)
  • Outflow: 3,413 (avg $43,779)
  • IRS Statistics of Income

How Metcalfe County Compares

MetricMetcalfe CountyKentucky AverageU.S. Average
Median Home Value $110,200 $160,835 $227,706
Median Gross Rent $582 $793 $968
Owner Occupancy Rate 77.7% 73.4% 73.3%
Price/Rent Ratio 15.8 16.6 18.7

Market Analysis

The median home value in Metcalfe County is 31.5% below the Kentucky state average and 51.6% below the U.S. national average. The median rent of $582/month is 26.6% below the state average.

With a price-to-rent ratio of 15.8, the buy-vs-rent decision in Metcalfe County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Metcalfe 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
Holmes County Florida $110,200 $844
Stephens County Texas $110,200 $846
Menominee County Wisconsin $110,200 $626
Grant County Kansas $110,300 $718
Sheridan County North Dakota $110,300 $373

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Butler County $111,100 $679 73.7%
Jackson County $111,500 $665 77.4%
Lawrence County $111,700 $760 77.8%
Pike County $112,000 $858 75.3%
Webster County $112,900 $783 73.8%

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).