Barren County, Kentucky Housing Market Prices
Barren 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 96% above the Kentucky median More expensive than 90% of counties in Kentucky$230,769
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Median rent 18% below the Kentucky median$795
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Barren County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $230,769 | $118,017 | $248,835 |
| Price Trend (Annual %) | 34.2% | 3.8% | 7.5% |
| Median Gross Rent | $795 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Barren County is about 96% higher than in Kentucky. Rent is about 18% 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 Barren County, up about 34.2% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Barren County rose about 34.1% between 2015 and 2024, from $593 to $795. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Barren County.
Buying the median-priced home in Barren County costs roughly 24.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Barren County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Barren County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $230,769 | $118,017 | $248,835 |
| Median Household Income | $50,825 | $64,312 | $80,455 |
| Price-to-Income Ratio | 4.5 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Barren County rose about 142.6%, while median household income rose about 29.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Barren County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.9% | 61.3% | 58.5% |
| Rental Rate | 30.9% | 28.4% | 31.2% |
| Vacancy Rate | 11.2% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Barren County has a homeownership rate of 57.9%, lower than the Kentucky average of 61.3%. Its housing vacancy rate is 11.2%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Barren County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1985 | 1981 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Barren County was built around 1985. On average, 2.5 people live in a home with about 5.6 rooms, staying for about 14.0 years on average.
Barren County, KY Housing Compared With Nearby Counties
How Barren County, KY compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Barren County, KY | 44,937 | $230,769 #1/2 | $795 #1/2 | 65.2% #2/2 |
| Hart County, KY | 19,595 | $87,876 | $692 | 72.4% |
Frequently Asked Questions
Common questions about the housing market in Barren County, Kentucky.
What is the median home price in Barren County, Kentucky?
The median home price in Barren County, Kentucky is $230,769, higher than the Kentucky average of $118,017.
What is the average home price in Barren County, Kentucky?
The typical home price in Barren County, Kentucky, reported as the median sale price, is $230,769. 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 Barren County, Kentucky?
The median gross rent in Barren County, Kentucky is $795 per month, lower than the Kentucky average of $967.
What was the median gross rent in Barren County in 2020?
In 2020, the median gross rent in Barren County, Kentucky was $680 per month.
What is the price-to-rent ratio in Barren County, Kentucky?
The price-to-rent ratio in Barren County, Kentucky is about 24.2, meaning it would take roughly 24.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Barren County.
Are home prices or rent rising faster in Barren County, Kentucky?
Both home prices and rent are rising in Barren County, up about 34.2% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Barren County, Kentucky?
57.9% of households in Barren County, Kentucky own their home, lower than the Kentucky average of 61.3%.
What is the vacancy rate in Barren County, Kentucky?
The housing vacancy rate in Barren County, Kentucky is 11.2%, higher than the Kentucky average of 10.3%.
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