Perry County, Kentucky Housing Market

In Perry County, Kentucky, the median home value is $91,800, with a median monthly rent of $798. This places Perry County at #3002 nationally out of 3134 counties by median home value, and #106 within Kentucky.

Median Home Value $91,800
Median Rent $798/mo
Owner Occupancy 70.4%
Price/Rent Ratio 9.6

📈 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 Perry County rose +2.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,042
jobs (private sector)
  • Avg weekly wage: $1,040
  • Establishments: 856
  • BLS QCEW, 2025
🚚

Migration Patterns

+263
net migration (filers, 2021-2022)
  • Inflow: 8,477 (avg $54,414)
  • Outflow: 8,214 (avg $55,186)
  • IRS Statistics of Income

How Perry County Compares

MetricPerry CountyKentucky AverageU.S. Average
Median Home Value $91,800 $160,835 $227,706
Median Gross Rent $798 $793 $968
Owner Occupancy Rate 70.4% 73.4% 73.3%
Price/Rent Ratio 9.6 16.6 18.7

Market Analysis

The median home value in Perry County is 42.9% below the Kentucky state average and 59.7% below the U.S. national average. The median rent of $798/month is 0.6% above the state average.

With a price-to-rent ratio of 9.6, buying a home in Perry 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.

Perry County has an owner-occupancy rate of 70.4%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Ashley County Arkansas $91,900 $703
Wayne County Mississippi $91,100 $784
Coleman County Texas $92,500 $653
Desha County Arkansas $90,900 $718
St. Francis County Arkansas $90,900 $779

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Clay County $90,700 $724 76.4%
Bell County $89,000 $592 58.8%
Magoffin County $89,000 $730 75.4%
Lewis County $96,000 $751 79.2%
Martin County $86,900 $450 84.9%

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).