Owen County, Kentucky Housing Market

In Owen County, Kentucky, the median home value is $168,700, with a median monthly rent of $830. This places Owen County at #1829 nationally out of 3134 counties by median home value, and #45 within Kentucky.

Median Home Value $168,700
Median Rent $830/mo
Owner Occupancy 88.0%
Price/Rent Ratio 16.9

📈 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 Owen County rose +6.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,046
jobs (private sector)
  • Avg weekly wage: $1,084
  • Establishments: 157
  • BLS QCEW, 2025
🏗️

Housing Supply

17
new units authorized (2025)
  • Single-family: 17
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+228
net migration (filers, 2021-2022)
  • Inflow: 4,028 (avg $59,887)
  • Outflow: 3,800 (avg $59,419)
  • IRS Statistics of Income

How Owen County Compares

MetricOwen CountyKentucky AverageU.S. Average
Median Home Value $168,700 $160,835 $227,706
Median Gross Rent $830 $793 $968
Owner Occupancy Rate 88.0% 73.4% 73.3%
Price/Rent Ratio 16.9 16.6 18.7

Market Analysis

The median home value in Owen County is 4.9% above the Kentucky state average and 25.9% below the U.S. national average. The median rent of $830/month is 4.7% above the state average.

With a price-to-rent ratio of 16.9, the buy-vs-rent decision in Owen County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Owen County has an owner-occupancy rate of 88.0%, 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
Upson County Georgia $168,700 $849
McCormick County South Carolina $168,700 $696
San Saba County Texas $168,700 $958
Meriwether County Georgia $168,800 $920
Ozark County Missouri $168,600 $631

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Marion County $168,100 $726 77.7%
Pulaski County $166,900 $803 72.5%
Todd County $166,700 $851 76.0%
Henderson County $171,900 $777 64.9%
Trimble County $172,000 $863 79.7%

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).