Adair County, Kentucky Housing Market Prices
Adair County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 83% below the Kentucky median Cheaper than 94% of counties in Kentucky$19,564
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Median rent 20% below the Kentucky median$771
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Adair County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $19,564 | $118,017 | $248,835 |
| Price Trend (Annual %) | 2.5% | 3.8% | 7.5% |
| Median Gross Rent | $771 | $967 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Adair County is about 83% lower than in Kentucky. Rent is about 20% lower than the Kentucky average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Adair County, up about 2.5% and 5.7% a year respectively. Rent is changing faster.
Median rent in Adair County rose about 52.5% between 2015 and 2024, from $505 to $771. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Adair County.
Buying the median-priced home in Adair County costs roughly 2.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adair County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Adair County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $19,564 | $118,017 | $248,835 |
| Median Household Income | $52,979 | $64,312 | $80,455 |
| Price-to-Income Ratio | 0.4 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Adair County fell about 45.4%, while median household income rose about 69.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Adair County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.7% | 61.3% | 58.5% |
| Rental Rate | 18.8% | 28.4% | 31.2% |
| Vacancy Rate | 17.5% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Adair County has a homeownership rate of 63.7%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 17.5%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Adair County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1984 | 1981 | 1978 |
| Median Number of Rooms | 5.5 | 5.7 | 5.5 |
The typical housing unit in Adair County was built around 1984. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Adair County, KY Housing Compared With Nearby Counties
Adair County, KY is typical in size for this group, 19,089 residents against a local median of 18,221, so the measures below are close to a like for like comparison. Adair County, KY's median home price, at $19,564, runs 85% below the $130,067 typical of the counties around it.
The counties themselves spread $98,210 on median home price, so Adair County, KY sits at one end of an already wide local range rather than apart from it. Adair County, KY has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Adair County, KY | 19,089 | $19,564 #4/4 | $771 #1/4 | 77.2% #2/4 |
| Russell County, KY | 18,221 | $132,954 | $681 | 70.8% |
| Taylor County, KY | 26,397 | $34,744 | $717 | 68.8% |
| Green County, KY | 11,369 | $130,067 | $609 | 77.6% |
Frequently Asked Questions
Common questions about the housing market in Adair County, Kentucky.
What is the median home price in Adair County, Kentucky?
The median home price in Adair County, Kentucky is $19,564, lower than the Kentucky average of $118,017.
What is the average home price in Adair County, Kentucky?
The typical home price in Adair County, Kentucky, reported as the median sale price, is $19,564. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Adair County, Kentucky?
The median gross rent in Adair County, Kentucky is $771 per month, lower than the Kentucky average of $967.
What was the median gross rent in Adair County in 2020?
In 2020, the median gross rent in Adair County, Kentucky was $621 per month.
What is the price-to-rent ratio in Adair County, Kentucky?
The price-to-rent ratio in Adair County, Kentucky is about 2.1, meaning it would take roughly 2.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adair County.
Are home prices or rent rising faster in Adair County, Kentucky?
Both home prices and rent are rising in Adair County, up about 2.5% and 5.7% a year respectively. Rent is changing faster.
What is the homeownership rate in Adair County, Kentucky?
63.7% of households in Adair County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Adair County, Kentucky?
The housing vacancy rate in Adair County, Kentucky is 17.5%, higher than the Kentucky average of 10.3%.
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