Larue County, Kentucky Housing Market Prices
Larue 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 21% above the Kentucky median$142,648
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Median rent 11% below the Kentucky median More expensive than 75% of counties in Kentucky$859
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Larue County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $142,648 | $118,017 | $248,835 |
| Price Trend (Annual %) | 57.1% | 3.8% | 7.5% |
| Median Gross Rent | $859 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Larue County is about 21% higher 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 Larue County, up about 57.1% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Larue County rose about 30.9% between 2015 and 2024, from $657 to $859. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Larue County.
Buying the median-priced home in Larue County costs roughly 13.8 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 Larue County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Larue County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $142,648 | $118,017 | $248,835 |
| Median Household Income | $64,966 | $64,312 | $80,455 |
| Price-to-Income Ratio | 2.2 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Larue County rose about 125.2%, while median household income rose about 53.9% 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 | Larue County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.4% | 61.3% | 58.5% |
| Rental Rate | 18.8% | 28.4% | 31.2% |
| Vacancy Rate | 8.8% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Larue County has a homeownership rate of 72.4%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 8.8%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Larue County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1986 | 1981 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Larue County was built around 1986. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 17.0 years on average.
Larue County, KY Housing Compared With Nearby Counties
Larue County, KY is the 5th largest of the 6 counties compared here, 15,088 residents against a local median of 26,397. Where Larue County, KY breaks from the counties next to it is median rent, sitting 20% above the local median of $717 at $859.
The counties themselves spread $399 on median rent, so Larue County, KY sits at one end of an already wide local range rather than apart from it. Larue County, KY has the 3rd highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Larue County, KY | 15,088 | $142,648 #3/6 | $859 #3/6 | 79.4% #1/6 |
| Hardin County, KY | 111,942 | $231,140 | $970 | 62.6% |
| Hart County, KY | 19,595 | $87,876 | $692 | 72.4% |
| Green County, KY | 11,369 | $130,067 | $609 | 77.6% |
| Nelson County, KY | 47,606 | $277,840 | $1,008 | 78.3% |
| Taylor County, KY | 26,397 | $34,744 | $717 | 68.8% |
Frequently Asked Questions
Common questions about the housing market in Larue County, Kentucky.
What is the median home price in Larue County, Kentucky?
The median home price in Larue County, Kentucky is $142,648, higher than the Kentucky average of $118,017.
What is the average home price in Larue County, Kentucky?
The typical home price in Larue County, Kentucky, reported as the median sale price, is $142,648. 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 Larue County, Kentucky?
The median gross rent in Larue County, Kentucky is $859 per month, lower than the Kentucky average of $967.
What was the median gross rent in Larue County in 2020?
In 2020, the median gross rent in Larue County, Kentucky was $711 per month.
What is the price-to-rent ratio in Larue County, Kentucky?
The price-to-rent ratio in Larue County, Kentucky is about 13.8, meaning it would take roughly 13.8 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 Larue County.
Are home prices or rent rising faster in Larue County, Kentucky?
Both home prices and rent are rising in Larue County, up about 57.1% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Larue County, Kentucky?
72.4% of households in Larue County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Larue County, Kentucky?
The housing vacancy rate in Larue County, Kentucky is 8.8%, lower than the Kentucky average of 10.3%.
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