Powell County, Kentucky Housing Market

In Powell County, Kentucky, the median home value is $141,100, with a median monthly rent of $747. This places Powell County at #2358 nationally out of 3134 counties by median home value, and #67 within Kentucky.

Median Home Value $141,100
Median Rent $747/mo
Owner Occupancy 68.2%
Price/Rent Ratio 15.7

📈 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 Powell County rose +10.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,289
jobs (private sector)
  • Avg weekly wage: $818
  • Establishments: 289
  • BLS QCEW, 2025
🏗️

Housing Supply

5
new units authorized (2025)
  • Single-family: 5
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+111
net migration (filers, 2021-2022)
  • Inflow: 4,286 (avg $48,677)
  • Outflow: 4,175 (avg $48,848)
  • IRS Statistics of Income

How Powell County Compares

MetricPowell CountyKentucky AverageU.S. Average
Median Home Value $141,100 $160,835 $227,706
Median Gross Rent $747 $793 $968
Owner Occupancy Rate 68.2% 73.4% 73.3%
Price/Rent Ratio 15.7 16.6 18.7

Market Analysis

The median home value in Powell County is 12.3% below the Kentucky state average and 38.0% below the U.S. national average. The median rent of $747/month is 5.8% below the state average.

With a price-to-rent ratio of 15.7, the buy-vs-rent decision in Powell County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Powell County has an owner-occupancy rate of 68.2%, 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
Cumberland County Kentucky $141,100 $523
Chemung County New York $141,100 $1,059
Hancock County Kentucky $141,200 $740
Carroll County Kentucky $140,900 $910
Hidalgo County Texas $140,900 $957

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Cumberland County $141,100 $523 75.5%
Hancock County $141,200 $740 77.2%
Carroll County $140,900 $910 65.7%
Hopkins County $142,800 $837 70.7%
Ballard County $145,800 $817 76.0%

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).