The housing market in Cynthiana, KY is strong. The median house value in the city is $171,200, which is significantly lower than the US median house value of $338,100. In addition, the one year house appreciation rate in Cynthiana has been 14.21%, much higher than the national average of 8.27%. This suggests that houses in Cynthiana are appreciating at a faster rate than most other areas in the United States. This trend looks set to continue, making it an attractive option for those looking for a good return on their investment.
The median home cost in Cynthiana is $171,200. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Cynthiana is up 15.5%.
Average Age of Homes
- The median age of Cynthiana real estate is 53 years old
The Rental Market in Cynthiana
- Renters make up 50.7% of the Cynthiana population
- 2.9% of houses and apartments in Cynthiana, 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.