Home Value Trail

Metro areas › Bowling Green, KY

Metropolitan area

Bowling Green, KY

Kentucky · 4 counties · 197,180 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1979–2025Permits through August 2026
FHFA house price index for Bowling Green, KY, quarterly from 1986 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1990–91Recession 2001Recession 2007–09Recession 202001002003004001990200020102020United States2026: 315
Bowling Green (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. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

The Bowling Green, KY metropolitan area covers 4 counties. Its FHFA house price index, starting in 1979, stood at 518 in 2025, +418.3% above the base of 100.

The standard quarterly index for the area, published through 2026 Q2, is +2.8% on a year earlier and +1.6% on the previous quarter.

Over the ten years to 2025 the annual index rose +86.2% (+6.4% a year), close to Kentucky at +84.1% and close to the national +85.0%.

Across its counties, 1,186 housing units were authorised in the 12 months to August 2026, 6.0 per 1,000 residents, −0.1% on the previous 12 months.

+2.8%year to 2026 Q2, quarterly indexUS +3.0%
+4.3%1 year, 2024–2025US +2.8%
+53.4%5 yearsUS +47.0%
+86.2%10 years+6.4% a year annualised
+144.1%since 2000US +158.3%
1,186units permitted, 12 months6.0 per 1,000 residents

Same span, three levels

Change in the FHFA indexBowling GreenKentuckyUnited States
1 year (2024–2025)+4.3%+3.9%+2.8%
5 years (2020–2025)+53.4%+50.0%+47.0%
10 years (2015–2025)+86.2%+84.1%+85.0%
20 years (2005–2025)+106.9%+96.6%+79.1%
Since 2000+144.1%+136.1%+158.3%
Since 1979+418.3%+421.8%+539.0%
10-year annualised+6.4%+6.3%+6.3%
20-year annualised+3.7%+3.4%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+16.2%+68.2%
1990s (1990–2000)+52.2%+33.9%
2000s (2000–2010)+23.1%+29.7%
2010s (2010–2020)+29.3%+35.5%
2020s so far (2020–2025)+53.4%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1979 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 1979 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
19811982−8.6%1983

Building permits across the area

Housing units authorised in the area's 4 counties (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Bowling Green, KY area by month, latest 12 months0200400Sep 2025: 87 units (75 single-family, 12 in multi-unit buildings)Sep 2025Oct 2025: 303 units (39 single-family, 264 in multi-unit buildings)Oct 2025Nov 2025: 217 units (73 single-family, 144 in multi-unit buildings)Nov 2025Dec 2025: 41 units (41 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 127 units (47 single-family, 80 in multi-unit buildings)Jan 2026Feb 2026: 58 units (42 single-family, 16 in multi-unit buildings)Feb 2026Mar 2026: 60 units (60 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 90 units (74 single-family, 16 in multi-unit buildings)Apr 2026May 2026: 63 units (63 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 61 units (61 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 12 units (8 single-family, 4 in multi-unit buildings)Jul 2026Aug 2026: 67 units (65 single-family, 2 in multi-unit buildings)Aug 2026

Housing units authorised in the Bowling Green, KY area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Bowling Green, KY area by month, latest 60 months0200400600Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 140 units (68 single-family, 72 in multi-unit buildings)Feb 2022: 123 units (75 single-family, 48 in multi-unit buildings)Mar 2022: 140 units (85 single-family, 55 in multi-unit buildings)Apr 2022: 91 units (67 single-family, 24 in multi-unit buildings)May 2022: 189 units (117 single-family, 72 in multi-unit buildings)Jun 2022: 109 units (85 single-family, 24 in multi-unit buildings)Jul 2022: 117 units (69 single-family, 48 in multi-unit buildings)Aug 2022: 363 units (71 single-family, 292 in multi-unit buildings)Sep 2022: 43 units (41 single-family, 2 in multi-unit buildings)Sep 2022Oct 2022: 170 units (54 single-family, 116 in multi-unit buildings)Nov 2022: 109 units (61 single-family, 48 in multi-unit buildings)Dec 2022: 42 units (42 single-family, 0 in multi-unit buildings)Jan 2023: 110 units (62 single-family, 48 in multi-unit buildings)Feb 2023: 92 units (71 single-family, 21 in multi-unit buildings)Mar 2023: 508 units (79 single-family, 429 in multi-unit buildings)Apr 2023: 75 units (67 single-family, 8 in multi-unit buildings)May 2023: 108 units (72 single-family, 36 in multi-unit buildings)Jun 2023: 101 units (101 single-family, 0 in multi-unit buildings)Jul 2023: 128 units (56 single-family, 72 in multi-unit buildings)Aug 2023: 80 units (70 single-family, 10 in multi-unit buildings)Sep 2023: 61 units (58 single-family, 3 in multi-unit buildings)Sep 2023Oct 2023: 58 units (58 single-family, 0 in multi-unit buildings)Nov 2023: 98 units (98 single-family, 0 in multi-unit buildings)Dec 2023: 29 units (29 single-family, 0 in multi-unit buildings)Jan 2024: 175 units (55 single-family, 120 in multi-unit buildings)Feb 2024: 148 units (62 single-family, 86 in multi-unit buildings)Mar 2024: 349 units (58 single-family, 291 in multi-unit buildings)Apr 2024: 41 units (41 single-family, 0 in multi-unit buildings)May 2024: 57 units (57 single-family, 0 in multi-unit buildings)Jun 2024: 86 units (74 single-family, 12 in multi-unit buildings)Jul 2024: 86 units (62 single-family, 24 in multi-unit buildings)Aug 2024: 79 units (75 single-family, 4 in multi-unit buildings)Sep 2024: 111 units (74 single-family, 37 in multi-unit buildings)Sep 2024Oct 2024: 108 units (64 single-family, 44 in multi-unit buildings)Nov 2024: 72 units (56 single-family, 16 in multi-unit buildings)Dec 2024: 72 units (65 single-family, 7 in multi-unit buildings)Jan 2025: 36 units (36 single-family, 0 in multi-unit buildings)Feb 2025: 77 units (45 single-family, 32 in multi-unit buildings)Mar 2025: 69 units (61 single-family, 8 in multi-unit buildings)Apr 2025: 132 units (78 single-family, 54 in multi-unit buildings)May 2025: 132 units (69 single-family, 63 in multi-unit buildings)Jun 2025: 73 units (71 single-family, 2 in multi-unit buildings)Jul 2025: 73 units (63 single-family, 10 in multi-unit buildings)Aug 2025: 232 units (59 single-family, 173 in multi-unit buildings)Sep 2025: 87 units (75 single-family, 12 in multi-unit buildings)Sep 2025Oct 2025: 303 units (39 single-family, 264 in multi-unit buildings)Nov 2025: 217 units (73 single-family, 144 in multi-unit buildings)Dec 2025: 41 units (41 single-family, 0 in multi-unit buildings)Jan 2026: 127 units (47 single-family, 80 in multi-unit buildings)Feb 2026: 58 units (42 single-family, 16 in multi-unit buildings)Mar 2026: 60 units (60 single-family, 0 in multi-unit buildings)Apr 2026: 90 units (74 single-family, 16 in multi-unit buildings)May 2026: 63 units (63 single-family, 0 in multi-unit buildings)Jun 2026: 61 units (61 single-family, 0 in multi-unit buildings)Jul 2026: 12 units (8 single-family, 4 in multi-unit buildings)Aug 2026: 67 units (65 single-family, 2 in multi-unit buildings)

Housing units authorised in the Bowling Green, KY area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Bowling Green, KY area by year, 1995–202501,0002,0003,0001995: 479 units (479 single-family, 0 in multi-unit buildings)19951996: 541 units (541 single-family, 0 in multi-unit buildings)1997: 605 units (605 single-family, 0 in multi-unit buildings)1998: 547 units (547 single-family, 0 in multi-unit buildings)1999: 998 units (686 single-family, 312 in multi-unit buildings)2000: 802 units (628 single-family, 174 in multi-unit buildings)20002001: 641 units (623 single-family, 18 in multi-unit buildings)2002: 739 units (637 single-family, 102 in multi-unit buildings)2003: 1,046 units (753 single-family, 293 in multi-unit buildings)2004: 1,324 units (809 single-family, 515 in multi-unit buildings)2005: 1,385 units (1,250 single-family, 135 in multi-unit buildings)20052006: 961 units (763 single-family, 198 in multi-unit buildings)2007: 827 units (647 single-family, 180 in multi-unit buildings)2008: 560 units (370 single-family, 190 in multi-unit buildings)2009: 353 units (284 single-family, 69 in multi-unit buildings)2010: 573 units (362 single-family, 211 in multi-unit buildings)20102011: 843 units (291 single-family, 552 in multi-unit buildings)2012: 917 units (386 single-family, 531 in multi-unit buildings)2013: 529 units (378 single-family, 151 in multi-unit buildings)2014: 603 units (417 single-family, 186 in multi-unit buildings)2015: 1,147 units (546 single-family, 601 in multi-unit buildings)20152016: 1,345 units (580 single-family, 765 in multi-unit buildings)2017: 1,270 units (737 single-family, 533 in multi-unit buildings)2018: 2,199 units (783 single-family, 1,416 in multi-unit buildings)2019: 762 units (591 single-family, 171 in multi-unit buildings)2020: 978 units (806 single-family, 172 in multi-unit buildings)20202021: 2,137 units (1,071 single-family, 1,066 in multi-unit buildings)2022: 1,636 units (835 single-family, 801 in multi-unit buildings)2023: 1,455 units (822 single-family, 633 in multi-unit buildings)2024: 2,305 units (810 single-family, 1,495 in multi-unit buildings)2025: 1,470 units (708 single-family, 762 in multi-unit buildings)2025

Housing units authorised in the Bowling Green, KY area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaKentuckyUnited States
Housing units authorised1,18613,4101,418,086
Units per 1,000 residents6.02.94.1
Single-family share55%64%63%
Change on previous 12 months−0.1%−7.1%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Butler CountyKY+4.1%+118.4%10.1
Allen CountyKY+5.5%+107.4%592.6
Edmonson CountyKY+15.8%+99.5%00.0
Warren CountyKY+3.6%+82.1%1,1267.5

Questions and answers

How much have home values in the Bowling Green, KY area risen over 10 years?

The FHFA annual index rose +86.2% between 2015 and 2025, about +6.4% a year. Over 20 years: +106.9%; since 2000: +144.1%. The quarterly index is +2.8% on a year earlier as of 2026 Q2.

Which counties in the Bowling Green, KY area rose most?

By ten-year change to 2025: Butler County (+118.4%), Allen County (+107.4%) and Edmonson County (+99.5%).

What happened to Bowling Green, KY prices after 2007?

The area index shows no decline of 5% or more from a 2005–2008 peak; nationally the fall was −21.3%.

How many homes are being built in the Bowling Green, KY area?

1,186 housing units were authorised across the area's counties in the 12 months to August 2026, 55% of them single-family, 6.0 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1979–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.