The housing market in 42140 Gamaliel, KY is booming, with a median value of $113,800. This is significantly lower than the US house median value of $338,100; however, the one year house appreciation rate is much higher in this area at 17.20%, compared to the national average of 8.27%. Therefore, this area provides an excellent opportunity for potential homeowners to invest in a property and benefit from its rapid appreciation in value.
The median home cost in Gamaliel (zip 42140) is $113,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Gamaliel (zip 42140) is up 17.9%.
Average Age of Homes
- The median age of Gamaliel (zip 42140) real estate is 41 years old
The Rental Market in Gamaliel (zip 42140)
- Renters make up 17.4% of the Gamaliel (zip 42140) population
- 0.0% of houses and apartments in Gamaliel (zip 42140), 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.