Nicholasville, KY is a desirable area for housing, with an average median home value of $265,400. This value is significantly lower than the US median house value of $338,100, making it much more affordable. Furthermore, the city has seen a higher appreciation rate on housing compared to the national average over the past year at 16.19%, while the US average was 8.27%. This makes Nicholasville a great option for homeowners and investors looking to get good returns on their investments.
The median home cost in Nicholasville is $265,400. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Nicholasville is up 19.3%.
Average Age of Homes
- The median age of Nicholasville real estate is 30 years old
The Rental Market in Nicholasville
- Renters make up 42.2% of the Nicholasville population
- 1.2% of houses and apartments in Nicholasville, 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.