Greensburg, KY is a great place to invest in housing due to its affordable median value and higher-than-average appreciation rate. The median value of houses in Greensburg is $144,100, significantly lower than the national median of $338,100. Additionally, the average 1-year house appreciation rate in Greensburg is 11.54%, much higher than the US's 8.27%. This makes it an ideal place for both those looking to purchase their first home as well as investors looking for a profitable real estate venture.
The median home cost in Greensburg is $144,100. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Greensburg is up 19.0%.
Average Age of Homes
- The median age of Greensburg real estate is 45 years old
The Rental Market in Greensburg
- Renters make up 43.0% of the Greensburg population
- 1.3% of houses and apartments in Greensburg, 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.