Daviess County, Kentucky Housing Market Prices
Daviess 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.
-
Median home price 80% above the Kentucky median More expensive than 84% of counties in Kentucky$212,371
-
Median rent 5% below the Kentucky median More expensive than 82% of counties in Kentucky$918
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Daviess County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $212,371 | $118,017 | $248,835 |
| Price Trend (Annual %) | 9.1% | 3.8% | 7.5% |
| Median Gross Rent | $918 | $967 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Daviess County is about 80% higher than in Kentucky. Rent is about 5% 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 Daviess County, up about 9.1% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Daviess County rose about 42.6% between 2015 and 2024, from $643 to $918. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Daviess County.
Buying the median-priced home in Daviess County costs roughly 19.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Daviess County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Daviess County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $212,371 | $118,017 | $248,835 |
| Median Household Income | $67,826 | $64,312 | $80,455 |
| Price-to-Income Ratio | 3.1 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Daviess County rose about 127.1%, while median household income rose about 52.0% 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 | Daviess County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.8% | 61.3% | 58.5% |
| Rental Rate | 29.9% | 28.4% | 31.2% |
| Vacancy Rate | 6.3% | 10.3% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Daviess County has a homeownership rate of 63.8%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 6.3%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Daviess County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1977 | 1981 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Daviess County was built around 1977. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Daviess County, KY Housing Compared With Nearby Counties
Daviess County, KY is the largest of the 4 counties compared here, 103,589 residents against a local median of 23,735. The measure that sets Daviess County, KY apart most is median home price: $212,371, 62% above the local median of $130,787.
Median rent tells the same story from another angle: $918 against a local median of $751, 22% above it. The one measure here that carries a verdict is homeownership, and at 16% below the local median it puts Daviess County, KY at the weaker end of the local range. The counties themselves spread $150,013 on median home price, so Daviess County, KY sits at one end of an already wide local range rather than apart from it. Daviess County, KY has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Daviess County, KY | 103,589 | $212,371 #1/4 | $918 #2/4 | 68.1% #4/4 |
| Spencer County, IN | 19,953 | $169,349 | $751 | 81.3% |
| Ohio County, KY | 23,735 | $19,336 | $738 | 77.2% |
| Warrick County, IN | 65,261 | $130,787 | $1,061 | 82.4% |
Frequently Asked Questions
Common questions about the housing market in Daviess County, Kentucky.
What is the median home price in Daviess County, Kentucky?
The median home price in Daviess County, Kentucky is $212,371, higher than the Kentucky average of $118,017.
What is the average home price in Daviess County, Kentucky?
The typical home price in Daviess County, Kentucky, reported as the median sale price, is $212,371. 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 Daviess County, Kentucky?
The median gross rent in Daviess County, Kentucky is $918 per month, lower than the Kentucky average of $967.
What was the median gross rent in Daviess County in 2020?
In 2020, the median gross rent in Daviess County, Kentucky was $809 per month.
What is the price-to-rent ratio in Daviess County, Kentucky?
The price-to-rent ratio in Daviess County, Kentucky is about 19.3, meaning it would take roughly 19.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Daviess County.
Are home prices or rent rising faster in Daviess County, Kentucky?
Both home prices and rent are rising in Daviess County, up about 9.1% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Daviess County, Kentucky?
63.8% of households in Daviess County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Daviess County, Kentucky?
The housing vacancy rate in Daviess County, Kentucky is 6.3%, lower than the Kentucky average of 10.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →