Pike County, Kentucky Housing Market
In Pike County, Kentucky, the median home value is $112,000, with a median monthly rent of $858. This places Pike County at #2767 nationally out of 3134 counties by median home value, and #98 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: $1,036
- Establishments: 1,527
- BLS QCEW, 2025
Housing Supply
- Single-family: 3
- Multi-family: 11
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,961 (avg $57,427)
- Outflow: 16,352 (avg $57,980)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Pike County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 41501 | 180.8 | -1.13% | 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 Pike County Compares
| Metric | Pike County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $112,000 | $160,835 | $227,706 |
| Median Gross Rent | $858 | $793 | $968 |
| Owner Occupancy Rate | 75.3% | 73.4% | 73.3% |
| Price/Rent Ratio | 10.9 | 16.6 | 18.7 |
Market Analysis
The median home value in Pike County is 30.4% below the Kentucky state average and 50.8% below the U.S. national average. The median rent of $858/month is 8.2% above the state average.
With a price-to-rent ratio of 10.9, buying a home in Pike 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.
Pike County has an owner-occupancy rate of 75.3%, 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 |
|---|---|---|---|
| Richland County | Illinois | $112,000 | $805 |
| Luce County | Michigan | $112,000 | $675 |
| Hampton County | South Carolina | $112,000 | $843 |
| Knox County | Illinois | $111,900 | $788 |
| New Madrid County | Missouri | $111,800 | $729 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lawrence County | $111,700 | $760 | 77.8% |
| Jackson County | $111,500 | $665 | 77.4% |
| Webster County | $112,900 | $783 | 73.8% |
| Butler County | $111,100 | $679 | 73.7% |
| Metcalfe County | $110,200 | $582 | 77.7% |
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).