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Kenton County

Kentucky · Cincinnati, OH-KY-IN metro area · 175,779 residents (2025 est.)

FHFA annual index 1975–2025Developmental county indexPermits through August 2026
FHFA house price index for Kenton County, 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 798
Kenton County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Kenton County, Kentucky, starts in 1975 and stood at 798 in 2025, +698.0% above its base of 100.

Over the ten years to 2025 the index rose +96.2% (+7.0% a year), above Kentucky at +84.1% and above the national +85.0%. The Cincinnati, OH-KY-IN area rose +99.8%. The latest one-year change is +3.6%.

The strongest decade was the 1980s (+50.8%); the weakest the 2000s (+16.5%).

After a 2007 peak the index fell −8.1% to 2011 and regained the peak in 2016.

Builders were authorised for 683 housing units in the county in the 12 months to August 2026 (+11.1% on the previous 12 months), 3.9 units per 1,000 residents; 68% were single-family houses. Since 1995 the county has authorised 18,873 units, most in 2004.

+3.6%1 year, 2024–2025Kentucky +3.9%
+52.5%5 yearsUS +47.0%
+96.2%10 years+7.0% a year annualised
+129.8%since 2000US +158.3%
683units permitted, 12 months3.9 per 1,000 residents

Same span, four levels

Change in the FHFA indexKenton CountyCincinnati areaKentuckyUnited States
1 year (2024–2025)+3.6%+4.3%+3.9%+2.8%
5 years (2020–2025)+52.5%+56.2%+50.0%+47.0%
10 years (2015–2025)+96.2%+99.8%+84.1%+85.0%
20 years (2005–2025)+92.7%+90.2%+96.6%+79.1%
Since 2000+129.8%+124.4%+136.1%+158.3%
Since 1975+698.0%+644.8%+667.9%+960.7%
10-year annualised+7.0%+7.2%+6.3%+6.3%
20-year annualised+3.3%+3.3%+3.4%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+50.8%+68.2%
1990s (1990–2000)+46.0%+33.9%
2000s (2000–2010)+16.5%+29.7%
2010s (2010–2020)+29.4%+35.5%
2020s so far (2020–2025)+52.5%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072011−8.1%2016

Building permits

Housing units authorised by building permits in Kenton County, by month over the latest five years and by year since 1995.

Housing units authorised in Kenton County by month, latest 12 months0100200Sep 2025: 56 units (42 single-family, 14 in multi-unit buildings)Sep 2025Oct 2025: 35 units (35 single-family, 0 in multi-unit buildings)Oct 2025Nov 2025: 26 units (26 single-family, 0 in multi-unit buildings)Nov 2025Dec 2025: 165 units (26 single-family, 139 in multi-unit buildings)Dec 2025Jan 2026: 33 units (33 single-family, 0 in multi-unit buildings)Jan 2026Feb 2026: 44 units (35 single-family, 9 in multi-unit buildings)Feb 2026Mar 2026: 61 units (54 single-family, 7 in multi-unit buildings)Mar 2026Apr 2026: 35 units (35 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 54 units (44 single-family, 10 in multi-unit buildings)May 2026Jun 2026: 69 units (60 single-family, 9 in multi-unit buildings)Jun 2026Jul 2026: 49 units (49 single-family, 0 in multi-unit buildings)Jul 2026Aug 2026: 56 units (28 single-family, 28 in multi-unit buildings)Aug 2026

Housing units authorised in Kenton County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Kenton County by month, latest 60 months0100200Sep 2021: 47 units (41 single-family, 6 in multi-unit buildings)Sep 2021Oct 2021: 171 units (31 single-family, 140 in multi-unit buildings)Nov 2021: 50 units (30 single-family, 20 in multi-unit buildings)Dec 2021: 34 units (26 single-family, 8 in multi-unit buildings)Jan 2022: 27 units (27 single-family, 0 in multi-unit buildings)Feb 2022: 33 units (29 single-family, 4 in multi-unit buildings)Mar 2022: 44 units (36 single-family, 8 in multi-unit buildings)Apr 2022: 44 units (29 single-family, 15 in multi-unit buildings)May 2022: 45 units (41 single-family, 4 in multi-unit buildings)Jun 2022: 40 units (36 single-family, 4 in multi-unit buildings)Jul 2022: 31 units (31 single-family, 0 in multi-unit buildings)Aug 2022: 27 units (27 single-family, 0 in multi-unit buildings)Sep 2022: 35 units (31 single-family, 4 in multi-unit buildings)Sep 2022Oct 2022: 49 units (35 single-family, 14 in multi-unit buildings)Nov 2022: 22 units (22 single-family, 0 in multi-unit buildings)Dec 2022: 43 units (17 single-family, 26 in multi-unit buildings)Jan 2023: 21 units (21 single-family, 0 in multi-unit buildings)Feb 2023: 16 units (16 single-family, 0 in multi-unit buildings)Mar 2023: 39 units (39 single-family, 0 in multi-unit buildings)Apr 2023: 24 units (10 single-family, 14 in multi-unit buildings)May 2023: 27 units (13 single-family, 14 in multi-unit buildings)Jun 2023: 22 units (10 single-family, 12 in multi-unit buildings)Jul 2023: 22 units (10 single-family, 12 in multi-unit buildings)Aug 2023: 54 units (30 single-family, 24 in multi-unit buildings)Sep 2023: 46 units (20 single-family, 26 in multi-unit buildings)Sep 2023Oct 2023: 43 units (21 single-family, 22 in multi-unit buildings)Nov 2023: 36 units (27 single-family, 9 in multi-unit buildings)Dec 2023: 32 units (16 single-family, 16 in multi-unit buildings)Jan 2024: 25 units (19 single-family, 6 in multi-unit buildings)Feb 2024: 116 units (24 single-family, 92 in multi-unit buildings)Mar 2024: 43 units (35 single-family, 8 in multi-unit buildings)Apr 2024: 135 units (45 single-family, 90 in multi-unit buildings)May 2024: 40 units (29 single-family, 11 in multi-unit buildings)Jun 2024: 22 units (22 single-family, 0 in multi-unit buildings)Jul 2024: 37 units (25 single-family, 12 in multi-unit buildings)Aug 2024: 27 units (20 single-family, 7 in multi-unit buildings)Sep 2024: 27 units (27 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 126 units (38 single-family, 88 in multi-unit buildings)Nov 2024: 27 units (27 single-family, 0 in multi-unit buildings)Dec 2024: 36 units (34 single-family, 2 in multi-unit buildings)Jan 2025: 88 units (52 single-family, 36 in multi-unit buildings)Feb 2025: 31 units (17 single-family, 14 in multi-unit buildings)Mar 2025: 74 units (36 single-family, 38 in multi-unit buildings)Apr 2025: 29 units (29 single-family, 0 in multi-unit buildings)May 2025: 47 units (40 single-family, 7 in multi-unit buildings)Jun 2025: 61 units (42 single-family, 19 in multi-unit buildings)Jul 2025: 32 units (32 single-family, 0 in multi-unit buildings)Aug 2025: 37 units (35 single-family, 2 in multi-unit buildings)Sep 2025: 56 units (42 single-family, 14 in multi-unit buildings)Sep 2025Oct 2025: 35 units (35 single-family, 0 in multi-unit buildings)Nov 2025: 26 units (26 single-family, 0 in multi-unit buildings)Dec 2025: 165 units (26 single-family, 139 in multi-unit buildings)Jan 2026: 33 units (33 single-family, 0 in multi-unit buildings)Feb 2026: 44 units (35 single-family, 9 in multi-unit buildings)Mar 2026: 61 units (54 single-family, 7 in multi-unit buildings)Apr 2026: 35 units (35 single-family, 0 in multi-unit buildings)May 2026: 54 units (44 single-family, 10 in multi-unit buildings)Jun 2026: 69 units (60 single-family, 9 in multi-unit buildings)Jul 2026: 49 units (49 single-family, 0 in multi-unit buildings)Aug 2026: 56 units (28 single-family, 28 in multi-unit buildings)

Housing units authorised in Kenton County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Kenton County by year, 1995–202505001,0001,5001995: 637 units (637 single-family, 0 in multi-unit buildings)19951996: 854 units (854 single-family, 0 in multi-unit buildings)1997: 661 units (661 single-family, 0 in multi-unit buildings)1998: 737 units (737 single-family, 0 in multi-unit buildings)1999: 947 units (726 single-family, 221 in multi-unit buildings)2000: 743 units (543 single-family, 200 in multi-unit buildings)20002001: 866 units (674 single-family, 192 in multi-unit buildings)2002: 977 units (777 single-family, 200 in multi-unit buildings)2003: 1,222 units (1,054 single-family, 168 in multi-unit buildings)2004: 1,401 units (1,228 single-family, 173 in multi-unit buildings)2005: 1,305 units (1,126 single-family, 179 in multi-unit buildings)20052006: 1,003 units (839 single-family, 164 in multi-unit buildings)2007: 649 units (509 single-family, 140 in multi-unit buildings)2008: 458 units (393 single-family, 65 in multi-unit buildings)2009: 286 units (274 single-family, 12 in multi-unit buildings)2010: 260 units (226 single-family, 34 in multi-unit buildings)20102011: 241 units (178 single-family, 63 in multi-unit buildings)2012: 313 units (230 single-family, 83 in multi-unit buildings)2013: 255 units (245 single-family, 10 in multi-unit buildings)2014: 278 units (254 single-family, 24 in multi-unit buildings)2015: 252 units (252 single-family, 0 in multi-unit buildings)20152016: 349 units (308 single-family, 41 in multi-unit buildings)2017: 313 units (281 single-family, 32 in multi-unit buildings)2018: 267 units (247 single-family, 20 in multi-unit buildings)2019: 308 units (308 single-family, 0 in multi-unit buildings)2020: 311 units (311 single-family, 0 in multi-unit buildings)20202021: 653 units (423 single-family, 230 in multi-unit buildings)2022: 584 units (343 single-family, 241 in multi-unit buildings)2023: 363 units (273 single-family, 90 in multi-unit buildings)2024: 699 units (366 single-family, 333 in multi-unit buildings)2025: 681 units (412 single-family, 269 in multi-unit buildings)2025

Housing units authorised in Kenton County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Kenton CountyKentuckyUnited States
Housing units authorised68313,4101,418,086
Units per 1,000 residents3.92.94.1
Single-family share68%64%63%
Change on previous 12 months+11.1%−7.1%−0.1%
Units authorised since 199518,873459,33643,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Kenton County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
41014+7.0%+143.6%+182.3%202540
41016+7.0%+139.5%+165.9%202540
41063+11.7%+108.9%+143.8%202527
41018+3.0%+105.5%+125.4%202549
41015+0.5%+102.5%+126.4%202541
41011+4.6%+97.7%+170.6%202546
41051+7.3%+91.0%+118.6%202541
41017+3.3%+85.7%+119.1%202550

Cities and permit-issuing places in Kenton County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Covington2315.546%
Independence1424.774%
Kenton County Unincorporated Area135—100%
Ludlow6615.026%
Erlanger442.2100%
Fort Mitchell222.577%
Crescent Springs194.0100%
Villa Hills70.9100%
Edgewood50.6100%
Taylor Mill40.6100%
Fort Wright10.2100%

Questions and answers

How much have home values in Kenton County risen over 10 years?

The FHFA index for Kenton County rose +96.2% from 2015 to 2025, about +7.0% a year. Over 20 years: +92.7%; since 2000: +129.8%.

How does Kenton County compare with Kentucky and the United States?

Over the ten years to 2025: Kenton County +96.2%, Kentucky +84.1%, United States +85.0%, Cincinnati, OH-KY-IN +99.8%.

What happened to Kenton County prices in 2008?

The index peaked in 2007 and fell −8.1% to 2011; it passed the peak again in 2016. The state index fell — over —–—.

How many homes are being built in Kenton County?

683 housing units were authorised by building permits in the 12 months to August 2026 (467 single-family, 216 in buildings of five or more units), or 3.9 per 1,000 residents against 2.9 for Kentucky.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.