Housing in Hazard, KY is an attractive option for potential buyers. The median value of homes in the area is $114,900, which is much lower than the US House median value of $338,100. Furthermore, the 1 year house appreciation rate in Hazard, KY is 12.90%, which is significantly higher than the appreciation rate of 8.27% across the US. With prices lower than average and a higher appreciation rate, investing in housing in Hazard, KY can be a great opportunity for anyone looking to purchase a home.
The median home cost in Hazard is $114,900. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Hazard is up 16.7%.
Average Age of Homes
- The median age of Hazard real estate is 54 years old
The Rental Market in Hazard
- Renters make up 44.1% of the Hazard population
- 1.1% of houses and apartments in Hazard, 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.