Mount Sterling, KY has a median housing value of $179,100, which is significantly lower than the US median housing value of $338,100. However, compared to the 1 year house appreciation rate for the US at 8.27%, Mount Sterling has experienced a 16.19% appreciation in its housing values over this same time period. This indicates that there is strong demand for housing in Mount Sterling and an increased opportunity for investing in real estate in this area.
The median home cost in Mount Sterling is $179,100. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Mount Sterling is up 19.3%.
Average Age of Homes
- The median age of Mount Sterling real estate is 42 years old
The Rental Market in Mount Sterling
- Renters make up 43.9% of the Mount Sterling population
- 3.1% of houses and apartments in Mount Sterling, 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.