Greenup County, Kentucky Housing Market Prices
Greenup 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 19% below the Kentucky median$95,536
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Median rent 11% below the Kentucky median More expensive than 74% of counties in Kentucky$859
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greenup County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,536 | $118,017 | $248,835 |
| Price Trend (Annual %) | 4.8% | 3.8% | 7.5% |
| Median Gross Rent | $859 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greenup County is about 19% lower than in Kentucky. Rent is about 11% 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 Greenup County, up about 4.8% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Greenup County rose about 36.6% between 2015 and 2024, from $629 to $859. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Greenup County.
Buying the median-priced home in Greenup County costs roughly 9.3 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 Greenup County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Greenup County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,536 | $118,017 | $248,835 |
| Median Household Income | $61,187 | $64,312 | $80,455 |
| Price-to-Income Ratio | 1.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greenup County rose about 26.5%, while median household income rose about 43.9% 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 | Greenup County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.8% | 61.3% | 58.5% |
| Rental Rate | 17.8% | 28.4% | 31.2% |
| Vacancy Rate | 9.4% | 10.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Greenup County has a homeownership rate of 72.8%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 9.4%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Greenup County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1967 | 1981 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Greenup County was built around 1967. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 16.0 years on average.
Greenup County, KY Housing Compared With Nearby Counties
Greenup County, KY is the 4th largest of the 5 counties compared here, 35,630 residents against a local median of 52,361. Nothing separates Greenup County, KY sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is homeownership, 13% above the local median at 80.3% against 71.2%. Greenup County, KY has the highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greenup County, KY | 35,630 | $95,536 #3/5 | $859 #1/5 | 80.3% #1/5 |
| Carter County, KY | 26,341 | $78,748 | $739 | 80.0% |
| Scioto County, OH | 72,625 | $73,511 | $741 | 68.4% |
| Boyd County, KY | 47,914 | $110,938 | $849 | 70.2% |
| Lawrence County, OH | 56,809 | $115,918 | $847 | 72.3% |
Frequently Asked Questions
Common questions about the housing market in Greenup County, Kentucky.
What is the median home price in Greenup County, Kentucky?
The median home price in Greenup County, Kentucky is $95,536, lower than the Kentucky average of $118,017.
What is the average home price in Greenup County, Kentucky?
The typical home price in Greenup County, Kentucky, reported as the median sale price, is $95,536. 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 Greenup County, Kentucky?
The median gross rent in Greenup County, Kentucky is $859 per month, lower than the Kentucky average of $967.
What was the median gross rent in Greenup County in 2020?
In 2020, the median gross rent in Greenup County, Kentucky was $731 per month.
What is the price-to-rent ratio in Greenup County, Kentucky?
The price-to-rent ratio in Greenup County, Kentucky is about 9.3, meaning it would take roughly 9.3 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 Greenup County.
Are home prices or rent rising faster in Greenup County, Kentucky?
Both home prices and rent are rising in Greenup County, up about 4.8% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greenup County, Kentucky?
72.8% of households in Greenup County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Greenup County, Kentucky?
The housing vacancy rate in Greenup County, Kentucky is 9.4%, lower than the Kentucky average of 10.3%.
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