Manchester, KY is an area with a strong housing market. The median value of homes in Manchester, KY is $108,300, much lower than the US House Median Value of $338,100. However, this does not mean that the housing market in Manchester, KY is weak. On the contrary, it has seen an impressive 1 year house appreciation of 12.90%, which is higher than the national average of 8.27%. This indicates that there are strong investment opportunities in Manchester's real estate market and that residents can expect to see steady growth in home values.
The median home cost in Manchester is $108,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Manchester is up 16.7%.
Average Age of Homes
- The median age of Manchester real estate is 40 years old
The Rental Market in Manchester
- Renters make up 42.8% of the Manchester population
- 0.0% of houses and apartments in Manchester, 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.