Nebo, KY is an attractive area for potential home buyers due to its relatively low housing median value of $117,100. This is significantly less than the US house median value of $338,100. In addition to lower cost of living, house appreciation in Nebo, KY has been 6.27% over the last year compared to 8.27% for the US as a whole. With these figures in mind, Nebo, KY is an excellent option for those looking for an affordable housing market and steady returns on their investment.
The median home cost in Nebo is $117,100. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Nebo is up 10.6%.
Average Age of Homes
- The median age of Nebo real estate is 45 years old
The Rental Market in Nebo
- Renters make up 19.5% of the Nebo population
- 0.0% of houses and apartments in Nebo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.