The housing market in 40977 Pineville, KY is healthy and growing. The median value of a home here is $84,500, significantly lower than the US median value of $338,100. This means that the cost of buying a home in Pineville is much more affordable than in many other places. Furthermore, the house appreciation rate has been 12.90% over the last year, which is higher than the US average of 8.27%. This indicates that people are investing in homes in Pineville and values are increasing at a faster rate than elsewhere across the country.
The median home cost in Pineville (zip 40977) is $84,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Pineville (zip 40977) is up 16.7%.
Average Age of Homes
- The median age of Pineville (zip 40977) real estate is 40 years old
The Rental Market in Pineville (zip 40977)
- Renters make up 22.3% of the Pineville (zip 40977) population
- 1.9% of houses and apartments in Pineville (zip 40977), 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.