Muhlenberg County, Kentucky Housing Market
In Muhlenberg County, Kentucky, the median home value is $127,400, with a median monthly rent of $718. This places Muhlenberg County at #2516 nationally out of 3134 counties by median home value, and #78 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: $1,046
- Establishments: 681
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,577 (avg $55,250)
- Outflow: 10,202 (avg $55,392)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Muhlenberg County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 42345 | 215.2 | +1.79% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Muhlenberg County Compares
| Metric | Muhlenberg County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $127,400 | $160,835 | $227,706 |
| Median Gross Rent | $718 | $793 | $968 |
| Owner Occupancy Rate | 78.8% | 73.4% | 73.3% |
| Price/Rent Ratio | 14.8 | 16.6 | 18.7 |
Market Analysis
The median home value in Muhlenberg County is 20.8% below the Kentucky state average and 44.1% below the U.S. national average. The median rent of $718/month is 9.5% below the state average.
With a price-to-rent ratio of 14.8, buying a home in Muhlenberg 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.
Muhlenberg County has an owner-occupancy rate of 78.8%, 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 |
|---|---|---|---|
| Coles County | Illinois | $127,400 | $780 |
| Liberty County | Florida | $127,300 | $943 |
| Macon County | Illinois | $127,300 | $847 |
| Crittenden County | Kentucky | $127,300 | $714 |
| Warren County | Pennsylvania | $127,500 | $755 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Crittenden County | $127,300 | $714 | 78.2% |
| Menifee County | $125,800 | $675 | 75.5% |
| Livingston County | $125,600 | $926 | 81.2% |
| Bath County | $129,800 | $659 | 74.7% |
| Green County | $125,000 | $610 | 77.6% |
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).