Bracken County, Kentucky Housing Market Prices
Bracken 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 53% below the Kentucky median Cheaper than 72% of counties in Kentucky$55,000
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Median rent 22% below the Kentucky median$756
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bracken County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,000 | $118,017 | $248,835 |
| Price Trend (Annual %) | -5.0% | 3.8% | 7.5% |
| Median Gross Rent | $756 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bracken County is about 53% lower than in Kentucky. Rent is about 22% lower than the Kentucky average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Bracken County: home prices fell about 5.0% a year while rent rose about 3.6% a year. That is an unusual pattern worth watching.
Median rent in Bracken County rose about 36.0% between 2015 and 2024, from $556 to $756. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Bracken County.
Buying the median-priced home in Bracken County costs roughly 6.1 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 Bracken County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Bracken County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,000 | $118,017 | $248,835 |
| Median Household Income | $67,453 | $64,312 | $80,455 |
| Price-to-Income Ratio | 0.8 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bracken County fell about 39.4%, while median household income rose about 65.2% 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 | Bracken County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.4% | 61.3% | 58.5% |
| Rental Rate | 18.7% | 28.4% | 31.2% |
| Vacancy Rate | 12.8% | 10.3% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Bracken County has a homeownership rate of 68.4%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 12.8%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Bracken County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1985 | 1981 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Bracken County was built around 1985. On average, 2.5 people live in a home with about 6.2 rooms, staying for about 18.0 years on average.
Bracken County, KY Housing Compared With Nearby Counties
How Bracken County, KY compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bracken County, KY | 8,444 | $55,000 #2/3 | $756 #2/3 | 78.5% #1/3 |
| Mason County, KY | 16,956 | $112,665 | $726 | 66.1% |
| Brown County, OH | 43,837 | $32,500 | $817 | 77.2% |
Frequently Asked Questions
Common questions about the housing market in Bracken County, Kentucky.
What is the median home price in Bracken County, Kentucky?
The median home price in Bracken County, Kentucky is $55,000, lower than the Kentucky average of $118,017.
What is the average home price in Bracken County, Kentucky?
The typical home price in Bracken County, Kentucky, reported as the median sale price, is $55,000. 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 Bracken County, Kentucky?
The median gross rent in Bracken County, Kentucky is $756 per month, lower than the Kentucky average of $967.
What was the median gross rent in Bracken County in 2020?
In 2020, the median gross rent in Bracken County, Kentucky was $624 per month.
What is the price-to-rent ratio in Bracken County, Kentucky?
The price-to-rent ratio in Bracken County, Kentucky is about 6.1, meaning it would take roughly 6.1 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 Bracken County.
Are home prices or rent rising faster in Bracken County, Kentucky?
Home prices and rent are moving in opposite directions in Bracken County: home prices fell about 5.0% a year while rent rose about 3.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Bracken County, Kentucky?
68.4% of households in Bracken County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Bracken County, Kentucky?
The housing vacancy rate in Bracken County, Kentucky is 12.8%, higher than the Kentucky average of 10.3%.
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