Russell County, Kentucky Housing Market
In Russell County, Kentucky, the median home value is $163,200, with a median monthly rent of $681. This places Russell County at #1949 nationally out of 3134 counties by median home value, and #52 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: $888
- Establishments: 521
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,509 (avg $54,301)
- Outflow: 6,093 (avg $54,169)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Russell County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 42629 | 265.1 | -5.05% | 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 Russell County Compares
| Metric | Russell County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $163,200 | $160,835 | $227,706 |
| Median Gross Rent | $681 | $793 | $968 |
| Owner Occupancy Rate | 70.8% | 73.4% | 73.3% |
| Price/Rent Ratio | 20.0 | 16.6 | 18.7 |
Market Analysis
The median home value in Russell County is 1.5% above the Kentucky state average and 28.3% below the U.S. national average. The median rent of $681/month is 14.1% below the state average.
With a price-to-rent ratio of 20.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Russell County has an owner-occupancy rate of 70.8%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Renville County | Minnesota | $163,200 | $790 |
| Sargent County | North Dakota | $163,200 | $816 |
| Defiance County | Ohio | $163,200 | $846 |
| Marion County | Arkansas | $163,300 | $795 |
| Vermilion Parish | Louisiana | $163,300 | $848 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Grayson County | $164,600 | $658 | 74.6% |
| Rowan County | $161,800 | $825 | 61.5% |
| Logan County | $164,900 | $751 | 74.3% |
| Mason County | $161,500 | $727 | 66.1% |
| Robertson County | $165,100 | $548 | 79.5% |
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).