The housing market in Booneville, KY is doing exceptionally well compared to the rest of the country. The median value for homes in Booneville is $98,700 which is significantly lower than the US house median of $338,100. The US house appreciation rate over 1 year was 8.27%, whereas the appreciation rate in Booneville was 12.90%. This shows that Booneville's housing market is experiencing a higher rate of growth and increased value over other parts of the country. With this high appreciation rate and low home median value, Booneville is an attractive option for those looking to purchase property.
The median home cost in Booneville is $98,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Booneville is up 16.7%.
Average Age of Homes
- The median age of Booneville real estate is 43 years old
The Rental Market in Booneville
- Renters make up 26.8% of the Booneville population
- 0.0% of houses and apartments in Booneville, 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.