Cave City, KY is a great place to invest in real estate. Its median housing value of $159,800 is significantly lower than the US median value of $338,100, making it an attractive option for those wanting to invest in the area. In addition to that, Cave City has seen much stronger appreciation than the US average over the past year with a 17.20% increase compared to the national average of 8.27%. This means that people who invest in Cave City will likely see a much greater return on their investment than elsewhere around the country.
The median home cost in Cave City is $159,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Cave City is up 17.9%.
Average Age of Homes
- The median age of Cave City real estate is 46 years old
The Rental Market in Cave City
- Renters make up 50.0% of the Cave City population
- 6.3% of houses and apartments in Cave City, 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.