Warsaw, KY

Full City Profile · Kentucky · Gallatin County County

2.8 /5.0
C+ Fair
1,868 Population 1,946/sq mi density
$58,284 Median Income $29,614 per capita
$168,400 Home Value $208,412 Zillow
$768 Median Rent 22.5% income on rent
53°F Avg Temperature
170 Violent Crime/100K 1,420 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$58,284 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$168,400 home value, $768/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Housing Overview

Median Home Value
$168,400
40% below
US avg: $281,900
Median Rent
$768/mo
34% below
US avg: $1,163/mo
Homeownership Rate
42.9%
34% below US avg (65.4%)
Total Housing Units
945
Median year built: 1980

Home Value by Source

Census Median
$168,400
Zillow (ZHVI)
$208,412
Redfin Median Sale
$265,000
Median Sale Price
$265,000
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

42.9%
Owner-Occupied
57.1%
Renter-Occupied
43%
57%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $768/mo

Market Indicators (Redfin)

Median Sale Price
$265,000
Median Days on Market
9 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
42.9%

Complete Housing Data

Home Values

Census Median Value$168,400
Zillow Home Value (ZHVI)$208,412
Redfin Median Sale$265,000
Median Sale Price$265,000
Median List Price$275,000
Price Per Sq Ft$168

Rent

Census Median Rent$768
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market9
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$168

Ownership & Stock

Owner-Occupied42.9%
Renter-Occupied57.1%
Homeownership Rate42.9%
Total Housing Units945
Median Year Built1980
Rent Burden22.5%