Mayfield Metro Area, KY Housing

The housing market in Mayfield, KY Metro Area is strong with a median value of $136,700 which is significantly lower than the national median value of $338,100. The house appreciation rate for the past year in Mayfield, KY Metro Area was 10.19%, higher than the national 8.27% appreciation rate. This suggests that investing in housing in Mayfield could potentially be more profitable than other areas due to its higher appreciation rates.

The median home cost in Mayfield Metro Area is $136,700. Home appreciation the last 10 years has been 55.6%. Home Appreciation in Mayfield Metro Area is up 15.7%.

Average Age of Homes

- The median age of Mayfield Metro Area real estate is 42 years old

The Rental Market in Mayfield Metro Area

- Renters make up 22.1% of the Mayfield Metro Area population
- 0.3% of houses and apartments in Mayfield Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mayfield, Kentucky	United States
	16,520.0	139,647,020.0
	45	42
	$136,700	$338,100
	15.7%	16.6%
	43.8%	57.0%
	55.6%	101.1%
	$6.86	$10.98
	$795	$2,690
	63.1%	57.4%
	14.0%	11.2%
	23.0%	31.4%
Vacant Housing
	0.3%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	1.0%	0.4%
	0.8%	3.6%
	11.3%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	4.8%	2.4%
	8.3%	2.8%
	11.1%	3.9%
	12.5%	4.5%
	21.6%	11.3%
	16.0%	13.0%
	14.0%	20.1%
	4.1%	13.6%
	1.3%	8.3%
	1.3%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	14.9%	13.6%
	13.0%	13.2%
	17.6%	14.8%
	14.9%	13.6%
	11.0%	10.0%
	6.0%	4.7%
	6.2%	12.2%

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