The housing market in Farley, KY is thriving. The median value of a house in Farley is $83,000, which is significantly lower than the US median value of $338,100. In the last year, the US house appreciation was 8.27%, while the one year appreciation rate for houses in Farley was 13.54%. This indicates that the housing market in Farley is faring better than that of the rest of the nation. As such, Farley could be an attractive option for potential home buyers seeking to purchase a property at an affordable price with strong potential for increased value over time.
The median home cost in Farley is $83,000. Home appreciation the last 10 years has been 55.6%. Home Appreciation in Farley is up 15.7%.
Average Age of Homes
- The median age of Farley real estate is 40 years old
The Rental Market in Farley
- Renters make up 21.1% of the Farley population
- 0.2% of houses and apartments in Farley, 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.