Washington County, Kentucky Housing Market
In Washington County, Kentucky, the median home value is $179,200, with a median monthly rent of $744. This places Washington County at #1647 nationally out of 3134 counties by median home value, and #36 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: $1,039
- Establishments: 335
- BLS QCEW, 2025
Housing Supply
- Single-family: 0
- Multi-family: 26
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,788 (avg $60,368)
- Outflow: 4,555 (avg $61,130)
- IRS Statistics of Income
🔗 Explore Washington County on Our Sister Sites
Get the complete picture for Washington County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Washington County Compares
| Metric | Washington County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $179,200 | $160,835 | $227,706 |
| Median Gross Rent | $744 | $793 | $968 |
| Owner Occupancy Rate | 77.6% | 73.4% | 73.3% |
| Price/Rent Ratio | 20.1 | 16.6 | 18.7 |
Market Analysis
The median home value in Washington County is 11.4% above the Kentucky state average and 21.3% below the U.S. national average. The median rent of $744/month is 6.2% below the state average.
With a price-to-rent ratio of 20.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Washington County has an owner-occupancy rate of 77.6%, 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 |
|---|---|---|---|
| Hill County | Texas | $179,200 | $946 |
| Pointe Coupee Parish | Louisiana | $179,300 | $817 |
| Otsego County | New York | $179,100 | $987 |
| Franklin County | Georgia | $179,000 | $844 |
| Bedford County | Pennsylvania | $179,000 | $784 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Gallatin County | $178,200 | $832 | 75.1% |
| Barren County | $178,000 | $796 | 65.2% |
| Calloway County | $183,200 | $870 | 63.9% |
| Larue County | $183,500 | $860 | 79.4% |
| Taylor County | $174,200 | $718 | 68.8% |
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).