Oak Grove, KY 42262 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oak Grove, KY—42262

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$210,000

3.4% YoY Growth

Household Income

$49,900

9.5% YoY Growth

Days on Market

17.0% Shorter YoY

Home Price Forecast

2.4%

Median Rent

$1,140

3.4% YoY Growth

1-Bed Rent

$725

3.8% YoY Growth

2-Bed Rent

$995

3.7% YoY Growth

3-Bed Rent

$1,300

0.0% YoY Growth

Home Price Trends — Oak Grove, KY

As of Dec '25, the median home price in Oak Grove, KY is $210,000, with a year-over-year change of 3.4%. This indicates that home prices in Oak Grove, KY are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$210,000	3.4%
Single Family	$210,000	2.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Oak Grove, KY

As of July '25, Rentcast reports the average rent in Oak Grove, KY is $1,150, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Oak Grove, KY is studios: $700, 1-bedrooms: $741, 2-bedrooms: $958, 3-bedrooms: $1,350, 4-bedrooms: $1,450. The most common rental property sizes in Oak Grove, KY are 3-bedroom and 2-bedroom, accounting for 52.3% and 28.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,140	$1,150
Studio Rent	$700	$700
1 Bed Rent	$725	$741
2 Bed Rent	$995	$958
3 Bed Rent	$1,300	$1,350
4 Bed Rent	$1,300	$1,450

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% of Rental Stock

Studio

2.7%

1 Bedroom

9.6%

2 Bedrooms

28.4%

3 Bedrooms

52.3%

4 Bedrooms

5.0%

5+ Bedrooms

2.1%

Property Listings — Oak Grove, KY

As of Dec '25, Realtor.com reports that the median days on market for a home in Oak Grove, KY is 43. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$242,000	3.0%
Listing Count	84	48.0%
Listings as % of Homes	0.6%	48.0%
Days on Market	50	-17.0%

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Demographics — Oak Grove, KY

As of the latest ACS Survey released in 2023, Oak Grove, KY has a population of 9,650, which has increased by 10.2% over the past 5 years. Oak Grove, KY is a popular place for families, as children make up 40.7% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,650	10.2%
% Under 18	40.7%	33.0%
% Seniors	4.3%	53.6%
% WFH	3.1%	244.4%
% w/ College Degree	14.8%	-9.8%

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As of the latest ACS Survey released in 2023, Oak Grove, KY is a predominantly white area, with 61.2% of the population identifying as white. The white population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Oak Grove, KY is black, making up 18.6% of the population. Foreign-born residents account for 3.2% of the population in Oak Grove, KY, and this percentage has increased by 77.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	61.2%	5.9%
% Black	18.6%	-18.1%
% Hispanic	11.7%	-18.2%
% Asian	1.6%	220.0%
% Foreign Born	3.2%	77.8%

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Mortgage and Risk — Oak Grove, KY

According to HUD data as of 2023, there were 188 mortgage originations in Oak Grove, KY, of which 23.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 76.0% above 90% LTV (very high). This implies large mortgage risk in Oak Grove, KY. Investor activity is low, as 8.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	188
% Conventional Loans	23.0%
% Government Loans	77.0%
% Investor Loans	8.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Oak Grove, KY

As of 2024, the percent of homes in Oak Grove, KY under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Oak Grove, KY, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	95
Total Units Section 8	95
% Rentals under Section 8	5.0%
% Occupied Section 8	66.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$225	$725	$950
2 Bedroom	$205	$995	$1,200
3 Bedroom	$380	$1,300	$1,680
4 Bedroom	$720	$1,300	$2,020

Oak Grove, KY—42262

Key Metrics at a Glance

Home Price Trends — Oak Grove, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oak Grove, KY

% of Rental Stock

Property Listings — Oak Grove, KY

Demographics — Oak Grove, KY

Race and Ethnicity

Mortgage and Risk — Oak Grove, KY

Mortgages

Rentals and Section 8 — Oak Grove, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Oak Grove, KY

Home Price to Income Ratio

Oak Grove, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Campbell North, KY

Pembroke, KY

Clarksville, TN

Herndon, KY

Herndon, KY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$210,000
Median Household Income	$49,900

Oak Grove, KY—42262

Key Metrics at a Glance

Home Price Trends — Oak Grove, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oak Grove, KY

% of Rental Stock

Property Listings — Oak Grove, KY

Demographics — Oak Grove, KY

Race and Ethnicity

Mortgage and Risk — Oak Grove, KY

Mortgages

Rentals and Section 8 — Oak Grove, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Oak Grove, KY

Home Price to Income Ratio

Oak Grove, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Campbell North, KY

Pembroke, KY

Clarksville, TN

Herndon, KY

Herndon, KY

Frequently Asked Questions

What is the average home price in Oak Grove, KY 42262?

How have home prices in Oak Grove, KY 42262 changed over the past year?

What is the home price projection for Oak Grove, KY 42262?

What are the demographics of Oak Grove, KY 42262?

How long does it take homes to sell in Oak Grove, KY 42262?

What is the average rent price in Oak Grove, KY 42262?