Oldham County, Kentucky Housing Market
In Oldham County, Kentucky, the median home value is $393,100, with a median monthly rent of $1,219. This places Oldham County at #305 nationally out of 3134 counties by median home value, and #1 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: $1,313
- Establishments: 2,496
- BLS QCEW, 2025
Housing Supply
- Single-family: 276
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 25,139 (avg $147,725)
- Outflow: 23,644 (avg $146,162)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Oldham County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 40056 | 242.2 | +10.03% | 2025 |
| 2 | 40026 | 220.6 | -2.49% | 2025 |
| 3 | 40077 | 162.0 | +7.20% | 2021 |
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 Oldham County Compares
| Metric | Oldham County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $393,100 | $160,835 | $227,706 |
| Median Gross Rent | $1,219 | $793 | $968 |
| Owner Occupancy Rate | 87.1% | 73.4% | 73.3% |
| Price/Rent Ratio | 26.9 | 16.6 | 18.7 |
Market Analysis
The median home value in Oldham County is 144.4% above the Kentucky state average and 72.6% above the U.S. national average. The median rent of $1,219/month is 53.7% above the state average.
With a price-to-rent ratio of 26.9, Oldham County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Oldham County has an owner-occupancy rate of 87.1%, 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 |
|---|---|---|---|
| Sumner County | Tennessee | $393,100 | $1,424 |
| Madera County | California | $393,200 | $1,390 |
| Ketchikan Gateway Borough | Alaska | $393,300 | $1,505 |
| Hennepin County | Minnesota | $392,900 | $1,487 |
| Colusa County | California | $393,400 | $1,157 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Spencer County | $330,000 | $987 | 87.9% |
| Shelby County | $304,800 | $1,033 | 73.9% |
| Woodford County | $299,700 | $1,138 | 71.7% |
| Fayette County | $293,500 | $1,164 | 53.8% |
| Scott County | $288,500 | $1,247 | 71.7% |
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).