Fulton County, Kentucky Housing Market Prices
Fulton 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 71% of counties in Kentucky$55,000
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Median rent 41% below the Kentucky median Cheaper than 94% of counties in Kentucky$570
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Fulton County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,000 | $118,017 | $248,835 |
| Price Trend (Annual %) | 26.0% | 3.8% | 7.5% |
| Median Gross Rent | $570 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Fulton County is about 53% lower than in Kentucky. Rent is about 41% 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 Fulton County, up about 26.0% and 3.1% a year respectively. Home prices are changing faster.
Median rent in Fulton County rose about 19.0% between 2015 and 2024, from $479 to $570. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Fulton County.
Buying the median-priced home in Fulton County costs roughly 8.0 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 Fulton County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Fulton County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,000 | $118,017 | $248,835 |
| Median Household Income | $38,509 | $64,312 | $80,455 |
| Price-to-Income Ratio | 1.4 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Fulton County rose about 16.2%, while median household income rose about 26.1% 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 | Fulton County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.9% | 61.3% | 58.5% |
| Rental Rate | 30.8% | 28.4% | 31.2% |
| Vacancy Rate | 19.3% | 10.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Fulton County has a homeownership rate of 49.9%, lower than the Kentucky average of 61.3%. Its housing vacancy rate is 19.3%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Fulton County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1972 | 1981 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in Fulton County was built around 1972. On average, 2.3 people live in a home with about 5.2 rooms, staying for about 16.0 years on average.
Fulton County, KY Housing Compared With Nearby Counties
How Fulton County, KY compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fulton County, KY | 6,409 | $55,000 #2/3 | $570 #3/3 | 61.8% #3/3 |
| Obion County, TN | 30,444 | $115,187 | $770 | 68.1% |
| Mississippi County, MO | 11,898 | $14,749 | $762 | 62.9% |
Frequently Asked Questions
Common questions about the housing market in Fulton County, Kentucky.
What is the median home price in Fulton County, Kentucky?
The median home price in Fulton County, Kentucky is $55,000, lower than the Kentucky average of $118,017.
What is the average home price in Fulton County, Kentucky?
The typical home price in Fulton 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 Fulton County, Kentucky?
The median gross rent in Fulton County, Kentucky is $570 per month, lower than the Kentucky average of $967.
What was the median gross rent in Fulton County in 2020?
In 2020, the median gross rent in Fulton County, Kentucky was $592 per month.
What is the price-to-rent ratio in Fulton County, Kentucky?
The price-to-rent ratio in Fulton County, Kentucky is about 8.0, meaning it would take roughly 8.0 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 Fulton County.
Are home prices or rent rising faster in Fulton County, Kentucky?
Both home prices and rent are rising in Fulton County, up about 26.0% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Fulton County, Kentucky?
49.9% of households in Fulton County, Kentucky own their home, lower than the Kentucky average of 61.3%.
What is the vacancy rate in Fulton County, Kentucky?
The housing vacancy rate in Fulton County, Kentucky is 19.3%, higher than the Kentucky average of 10.3%.
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