McCreary County, Kentucky Housing Market Prices
McCreary 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 35% below the Kentucky median$76,999
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Median rent 40% below the Kentucky median Cheaper than 93% of counties in Kentucky$577
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | McCreary County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $76,999 | $118,017 | $248,835 |
| Price Trend (Annual %) | 5.2% | 3.8% | 7.5% |
| Median Gross Rent | $577 | $967 | $1,407 |
| Rent Trend (Annual %) | -0.5% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in McCreary County is about 35% lower than in Kentucky. Rent is about 40% lower than the Kentucky average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in McCreary County: home prices rose about 5.2% a year while rent fell about 0.5% a year. That is an unusual pattern worth watching.
Median rent in McCreary County rose about 3.7% between 2015 and 2024, from $556 to $577. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in McCreary County.
Buying the median-priced home in McCreary County costs roughly 11.1 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 McCreary County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | McCreary County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $76,999 | $118,017 | $248,835 |
| Median Household Income | $33,374 | $64,312 | $80,455 |
| Price-to-Income Ratio | 2.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in McCreary County rose about 10.6%, while median household income rose about 48.4% 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 | McCreary County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.9% | 61.3% | 58.5% |
| Rental Rate | 21.8% | 28.4% | 31.2% |
| Vacancy Rate | 15.3% | 10.3% | 10.2% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
McCreary County has a homeownership rate of 62.9%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 15.3%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | McCreary County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1988 | 1981 | 1978 |
| Median Number of Rooms | 5.4 | 5.7 | 5.5 |
The typical housing unit in McCreary County was built around 1988. On average, 2.6 people live in a home with about 5.4 rooms, staying for about 19.0 years on average.
McCreary County, KY Housing Compared With Nearby Counties
McCreary County, KY is the smallest of the 4 counties compared here, 16,867 residents against a local median of 39,761. McCreary County, KY's median home price, at $76,999, runs 65% below the $219,444 typical of the counties around it.
Median rent tells the same story from another angle: $577 against a local median of $716, 19% below it. The counties themselves spread $235,559 on median home price, so McCreary County, KY sits at one end of an already wide local range rather than apart from it. McCreary County, KY has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| McCreary County, KY | 16,867 | $76,999 #4/4 | $577 #4/4 | 74.2% #1/4 |
| Scott County, TN | 22,110 | $318,571 | $686 | 71.6% |
| Pulaski County, KY | 65,897 | $83,012 | $803 | 72.5% |
| Campbell County, TN | 39,761 | $219,444 | $716 | 69.2% |
Frequently Asked Questions
Common questions about the housing market in McCreary County, Kentucky.
What is the median home price in McCreary County, Kentucky?
The median home price in McCreary County, Kentucky is $76,999, lower than the Kentucky average of $118,017.
What is the average home price in McCreary County, Kentucky?
The typical home price in McCreary County, Kentucky, reported as the median sale price, is $76,999. 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 McCreary County, Kentucky?
The median gross rent in McCreary County, Kentucky is $577 per month, lower than the Kentucky average of $967.
What was the median gross rent in McCreary County in 2020?
In 2020, the median gross rent in McCreary County, Kentucky was $543 per month.
What is the price-to-rent ratio in McCreary County, Kentucky?
The price-to-rent ratio in McCreary County, Kentucky is about 11.1, meaning it would take roughly 11.1 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 McCreary County.
Are home prices or rent rising faster in McCreary County, Kentucky?
Home prices and rent are moving in opposite directions in McCreary County: home prices rose about 5.2% a year while rent fell about 0.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in McCreary County, Kentucky?
62.9% of households in McCreary County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in McCreary County, Kentucky?
The housing vacancy rate in McCreary County, Kentucky is 15.3%, higher than the Kentucky average of 10.3%.
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