Ohio County, Kentucky Housing Market Prices
Ohio 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 84% below the Kentucky median$19,336
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Median rent 24% below the Kentucky median$738
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ohio County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $19,336 | $118,017 | $248,835 |
| Price Trend (Annual %) | -1.2% | 3.8% | 7.5% |
| Median Gross Rent | $738 | $967 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ohio County is about 84% lower than in Kentucky. Rent is about 24% 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 Ohio County: home prices fell about 1.2% a year while rent rose about 4.8% a year. That is an unusual pattern worth watching.
Median rent in Ohio County rose about 38.7% between 2015 and 2024, from $532 to $738. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Ohio County.
Buying the median-priced home in Ohio County costs roughly 2.2 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 Ohio County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Ohio County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $19,336 | $118,017 | $248,835 |
| Median Household Income | $57,842 | $64,312 | $80,455 |
| Price-to-Income Ratio | 0.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ohio County fell about 73.4%, while median household income rose about 48.8% 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 | Ohio County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.6% | 61.3% | 58.5% |
| Rental Rate | 20.3% | 28.4% | 31.2% |
| Vacancy Rate | 11.1% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Ohio County has a homeownership rate of 68.6%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 11.1%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Ohio County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1982 | 1981 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Ohio County was built around 1982. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Ohio County, KY Housing Compared With Nearby Counties
Ohio County, KY is the 3rd largest of the 4 counties compared here, 23,735 residents against a local median of 30,591. Where Ohio County, KY breaks from the counties next to it is median home price, sitting 88% below the local median of $166,666 at $19,336.
The counties themselves spread $143,622 on median home price, so Ohio County, KY sits at one end of an already wide local range rather than apart from it. Ohio County, KY has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ohio County, KY | 23,735 | $19,336 #4/4 | $738 #2/4 | 77.2% #2/4 |
| Butler County, KY | 12,393 | $166,666 | $678 | 73.7% |
| Daviess County, KY | 103,589 | $212,371 | $918 | 68.1% |
| Muhlenberg County, KY | 30,591 | $68,749 | $718 | 78.8% |
Frequently Asked Questions
Common questions about the housing market in Ohio County, Kentucky.
What is the median home price in Ohio County, Kentucky?
The median home price in Ohio County, Kentucky is $19,336, lower than the Kentucky average of $118,017.
What is the average home price in Ohio County, Kentucky?
The typical home price in Ohio County, Kentucky, reported as the median sale price, is $19,336. 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 Ohio County, Kentucky?
The median gross rent in Ohio County, Kentucky is $738 per month, lower than the Kentucky average of $967.
What was the median gross rent in Ohio County in 2020?
In 2020, the median gross rent in Ohio County, Kentucky was $632 per month.
What is the price-to-rent ratio in Ohio County, Kentucky?
The price-to-rent ratio in Ohio County, Kentucky is about 2.2, meaning it would take roughly 2.2 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 Ohio County.
Are home prices or rent rising faster in Ohio County, Kentucky?
Home prices and rent are moving in opposite directions in Ohio County: home prices fell about 1.2% a year while rent rose about 4.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Ohio County, Kentucky?
68.6% of households in Ohio County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Ohio County, Kentucky?
The housing vacancy rate in Ohio County, Kentucky is 11.1%, higher than the Kentucky average of 10.3%.
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