Pendleton County, Kentucky Housing Market

In Pendleton County, Kentucky, the median home value is $159,800, with a median monthly rent of $793. This places Pendleton County at #2021 nationally out of 3134 counties by median home value, and #56 within Kentucky.

Median Home Value $159,800
Median Rent $793/mo
Owner Occupancy 74.7%
Price/Rent Ratio 16.8

📈 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 Pendleton County rose +10.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,618
jobs (private sector)
  • Avg weekly wage: $1,165
  • Establishments: 265
  • BLS QCEW, 2025
🚚

Migration Patterns

+303
net migration (filers, 2021-2022)
  • Inflow: 5,614 (avg $64,312)
  • Outflow: 5,311 (avg $65,193)
  • IRS Statistics of Income

How Pendleton County Compares

MetricPendleton CountyKentucky AverageU.S. Average
Median Home Value $159,800 $160,835 $227,706
Median Gross Rent $793 $793 $968
Owner Occupancy Rate 74.7% 73.4% 73.3%
Price/Rent Ratio 16.8 16.6 18.7

Market Analysis

The median home value in Pendleton County is 0.6% below the Kentucky state average and 29.8% below the U.S. national average. The median rent of $793/month is about equal to the state average.

With a price-to-rent ratio of 16.8, the buy-vs-rent decision in Pendleton County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Pendleton County has an owner-occupancy rate of 74.7%, 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
Murray County Oklahoma $159,800 $881
Washington County Alabama $159,700 $655
Houghton County Michigan $159,900 $840
Hinds County Mississippi $159,900 $1,061
Torrance County New Mexico $159,700 $872

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Laurel County $159,500 $813 71.6%
Edmonson County $160,300 $778 80.1%
Mason County $161,500 $727 66.1%
Rowan County $161,800 $825 61.5%
Breckinridge County $156,700 $733 81.4%

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).