Harrison County, Kentucky Housing Market Prices
Harrison 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 52% above the Kentucky median More expensive than 75% of counties in Kentucky$179,629
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Median rent 21% below the Kentucky median$764
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Harrison County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,629 | $118,017 | $248,835 |
| Price Trend (Annual %) | 68.8% | 3.8% | 7.5% |
| Median Gross Rent | $764 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Harrison County is about 52% higher than in Kentucky. Rent is about 21% 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 Harrison County, up about 68.8% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Harrison County rose about 28.2% between 2015 and 2024, from $596 to $764. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Harrison County.
Buying the median-priced home in Harrison County costs roughly 19.6 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 Harrison County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Harrison County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,629 | $118,017 | $248,835 |
| Median Household Income | $67,978 | $64,312 | $80,455 |
| Price-to-Income Ratio | 2.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Harrison County rose about 32.0%, while median household income rose about 54.7% 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 | Harrison County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.6% | 61.3% | 58.5% |
| Rental Rate | 25.5% | 28.4% | 31.2% |
| Vacancy Rate | 10.9% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Harrison County has a homeownership rate of 63.6%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 10.9%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Harrison County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1985 | 1981 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Harrison County was built around 1985. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Harrison County, KY Housing Compared With Nearby Counties
How Harrison County, KY compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Harrison County, KY | 19,140 | $179,629 #3/3 | $764 #3/3 | 71.4% #2/3 |
| Bourbon County, KY | 20,240 | $287,999 | $822 | 63.7% |
| Scott County, KY | 59,536 | $186,911 | $1,246 | 71.7% |
Frequently Asked Questions
Common questions about the housing market in Harrison County, Kentucky.
What is the median home price in Harrison County, Kentucky?
The median home price in Harrison County, Kentucky is $179,629, higher than the Kentucky average of $118,017.
What is the average home price in Harrison County, Kentucky?
The typical home price in Harrison County, Kentucky, reported as the median sale price, is $179,629. 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 Harrison County, Kentucky?
The median gross rent in Harrison County, Kentucky is $764 per month, lower than the Kentucky average of $967.
What was the median gross rent in Harrison County in 2020?
In 2020, the median gross rent in Harrison County, Kentucky was $621 per month.
What is the price-to-rent ratio in Harrison County, Kentucky?
The price-to-rent ratio in Harrison County, Kentucky is about 19.6, meaning it would take roughly 19.6 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 Harrison County.
Are home prices or rent rising faster in Harrison County, Kentucky?
Both home prices and rent are rising in Harrison County, up about 68.8% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Harrison County, Kentucky?
63.6% of households in Harrison County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Harrison County, Kentucky?
The housing vacancy rate in Harrison County, Kentucky is 10.9%, higher than the Kentucky average of 10.3%.
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