Woodford County, Kentucky Housing Market
In Woodford County, Kentucky, the median home value is $299,700, with a median monthly rent of $1,138. This places Woodford County at #625 nationally out of 3134 counties by median home value, and #4 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: $1,081
- Establishments: 1,070
- BLS QCEW, 2025
Housing Supply
- Single-family: 89
- Multi-family: 6
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,144 (avg $84,494)
- Outflow: 10,559 (avg $84,174)
- IRS Statistics of Income
🔗 Explore Woodford County on Our Sister Sites
Get the complete picture for Woodford County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Woodford County Compares
| Metric | Woodford County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $299,700 | $160,835 | $227,706 |
| Median Gross Rent | $1,138 | $793 | $968 |
| Owner Occupancy Rate | 71.7% | 73.4% | 73.3% |
| Price/Rent Ratio | 21.9 | 16.6 | 18.7 |
Market Analysis
The median home value in Woodford County is 86.3% above the Kentucky state average and 31.6% above the U.S. national average. The median rent of $1,138/month is 43.5% above the state average.
With a price-to-rent ratio of 21.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Woodford County has an owner-occupancy rate of 71.7%, 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 |
|---|---|---|---|
| Okanogan County | Washington | $299,800 | $887 |
| Grant County | Washington | $299,500 | $1,116 |
| Vilas County | Wisconsin | $300,000 | $847 |
| Madison County | Alabama | $299,200 | $1,209 |
| Harrisonburg city | Virginia | $299,100 | $1,184 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Shelby County | $304,800 | $1,033 | 73.9% |
| Fayette County | $293,500 | $1,164 | 53.8% |
| Scott County | $288,500 | $1,247 | 71.7% |
| Boone County | $277,300 | $1,373 | 76.3% |
| Spencer County | $330,000 | $987 | 87.9% |
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).