The housing market in 40847 Kenvir, KY is significantly lower than the national average. The median value of a home in this area is $49,600, compared to the US median value of $338,100. However, despite the lower cost of housing in 40847 Kenvir, KY, it has seen an impressive 12.90% increase in house appreciation over the last year - significantly higher than the national average of 8.27%. This could indicate that this area is becoming increasingly desirable and could be a good investment for those looking to get into the housing market.
The median home cost in Kenvir (zip 40847) is $49,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Kenvir (zip 40847) is up 16.7%.
Average Age of Homes
- The median age of Kenvir (zip 40847) real estate is 68 years old
The Rental Market in Kenvir (zip 40847)
- Renters make up 26.6% of the Kenvir (zip 40847) population
- 0.0% of houses and apartments in Kenvir (zip 40847), 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.